Eurogroup President Mário Centeno referred to an “emerging consensus” among euro area Finance Ministers on the need, in times of economic downturn after six consecutive years of growth, to “not make the same mistakes again”.
“We should not revert to austerity that makes it worse”, he said on Monday 18 November in an economic dialogue with the European Parliament's Committee on Economic and Monetary Affairs.
He called for “preventive” and “differentiated” budgetary...