Brussels, 06/05/2014 (Agence Europe) - The Ecofin Council on Tuesday 6 May identified major macroeconomic imbalances in 14 EU member states.
“Important challenges include a lack of competitiveness, the impact of the necessary deleveraging on medium-term growth; the high levels of private and public debt, especially in the context of very low inflation; and the difficulties faced by viable businesses in accessing affordable credit”, state the EU28 finance ministers in a conclusions...