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Europe Daily Bulletin No. 10707

11 October 2012
Contents Publication in full By article 34 / 41
ECONOMY - FINANCE / (ae) Économie
Commission turns a deaf ear to impact of austerity

Brussels, 10/10/2012 (Agence Europe) - The European Commission is sticking to its guns - the national budget belt-tightening strategy has of course had a negative impact on economic performance, but is crucial in order for the member states to achieve room for manœuvre in the medium-term for investment and a return to economic growth. “Fiscal consolidation strategy is one that favours growth, said a Commission spokesperson on Wednesday 10 October. The strategy has to be “smart” and...

Contents

A LOOK BEHIND THE NEWS
SECTORAL POLICIES
EXTERNAL ACTION
SOCIAL - EDUCATION
ECONOMY - FINANCE
INSTITUTIONAL