BERLIN, June 7 (Reuters) - Bundesbank President Joachim Nagel said on Friday that he expected the new EU Commission to put the European Union's recently reformed fiscal rules, known as the Stability and Growth Pact, into practice.

It was good that the EU agreed the latest reform in December, said Nagel, but now it's about actually implementing it.

EU finance ministers in December agreed the latest reform of the bloc's two-decade-old fiscal rules, allowing more time to cut public debt and creating incentives for public investment even during budget consolidation. (Reporting by Matthias Williams and Miranda Murray)