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Europe Daily Bulletin No. 10666

31 July 2012
ECONOMY - FINANCE - BUSINESS / (ae) euro
Juncker says ECB and eurozone will act together

Brussels, 30/07/2012 (Agence Europe) - The head of Eurogroup, Jean-Claude Juncker, has made it clear that the European Central Bank and the eurozone will be acting together to aid eurozone nations like Spain and Italy, which are making big spending cuts and macroeconomic reforms but are still coming under attack from the money markets. Juncker said that this was a crucial point and the speed of future changes needs to be determined. He said the eurozone would act together with the ECB but...