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Europe Daily Bulletin No. 10604

28 April 2012
Contents Publication in full By article 29 / 39
ECONOMY - FINANCE / (ae) economy
Monti and Barroso say public spending must not be used to encourage growth

Brussels, 27/04/2012 (Agence Europe) - Italian Prime Minister Mario Monti and President of the European Commission José Manuel Durão Barroso say that public lending must not be used to encourage economic growth in Europe. In a joint press release published on Friday 27 April 2012 after a working breakfast, the two comment: “We agreed that the revival of growth must come through a relentless focus on improving competitiveness and not through higher levels of debt. Fiscal consolidation...

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