Germany Seeks Stricter Budget Monitoring Berlin Wants Panels to Check EU Fiscal Discipline

The German government has long argued that strict fiscal discipline is the only way out of the euro crisis. Now, German Finance Minister Wolfgang Schäuble has come up with a new idea for keeping countries on the path of virtue. He wants independent panels of academics to keep a close eye on states' budgets.
German Finance Minister Wolfgang Schäuble (seen here at last week's summit in Copenhagen) wants to establish independent panels to monitor countries' budgets.

German Finance Minister Wolfgang Schäuble (seen here at last week's summit in Copenhagen) wants to establish independent panels to monitor countries' budgets.

Foto: TORKIL ADSERSEN/ AFP
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