Brussels, 29/01/2013 (Agence Europe) - As he did ahead of the fortieth anniversary of the European Trade Union Confederation (ETUC, see related article), Euro Commissioner Olli Rehn refused in a speech to a joint meeting of MEPs and national parliamentarians on Tuesday 29 January 2013 (see EUROPE 10772) to question the EU's strategy of using spending cuts and austerity to fight the crisis.
Although budget consolidation has a negative impact on growth, that does not mean that the opposite...