Pierre Moscovici

EU Warns Spain On Budget As Election Nears

The European Commission on Monday warned Spain to scale back government overspending that is in violation of EU budget rules or risk an embarrassing reprimand ahead of December elections. Spain should “take the necessary measures within the national budgetary process

EU Economic Affairs Commissioner Pierre Moscovici (C) talks with Michalis Chryssohoidis, Greek Minister for Infrastructure and Transport, and the President of the Athens Metro, Mr. Christos Tsitouras (L) during their visit to the under construction Korydallos metro station, west of Athens on December 15, 2014. Moscovici is in Athens on …