EU budget rules guardian wants them simpler, focussed on cutting debt
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WASHINGTON (Reuters) - European Union budget rules that underpin the euro must be made simpler and focussed on cutting debt because negative yields will not last forever, the EU's Economic Commissioner Pierre Moscovici in charge of enforcing the rules said on Thursday."We should find a robust and simple way to cut public debt, today our rules are too complex," Moscovici told Reuters in an interview on the sidelines of the International Monetary Fund meetings in Washington."They are difficult to..