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Image header Agence Europe
Europe Daily Bulletin No. 10141
Contents Publication in full By article 11 / 38
GENERAL NEWS / (eu) eu/eurogroup

Eurozone wants faster but differentiated budgetary consolidation

Brussels, 18/05/2010 (Agence Europe) - Faced with reactions from the financial centres, which fear that austerity measures will affect economic recovery in the eurozone, the call for faster budgetary consolidation was given more cautious support on Monday evening. At the end of the Eurogroup meeting Olli Rehn and Jean-Claude Juncker insisted that budgetary adjustments remained essential but needed to be differentiated according to the country in question. The commissioner explained that...

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