Ukrainian Prime Minister Mykola Azarov has said he welcomes the tightening of fiscal discipline in the European Union.
"I believe that the European Union took a decision that should have been taken long ago. The fact that the EU has finally made the right conclusions makes us confident that order will be brought [to the EU] sooner or later," he told reporters in Kyiv on Tuesday.
He said that this was the only inevitable and absolutely logical measure, as if there is a common currency, there must be a common fiscal policy.
"Under the conditions a single investment center, a single central bank, one country cannot draft a budget with a surplus and live within its own means, while another country drafts the budget with a 10% deficit and lives at the expense of others," he said.
