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Image header Agence Europe
Europe Daily Bulletin No. 9376
Contents Publication in full By article 12 / 37
GENERAL NEWS / (eu) eu/ecofin

Finance ministers examine mechanisms for redistributing benefits of growth

Brussels, 28/02/2007 (Agence Europe) - Returning to the exchanges that took place at Eurogroup on the redistribution of the benefits from economic growth (EUROPE 9375), the German minister for finance, Peer Steinbrück, called for the current situation to be re-examined, given the low proportion of wages in the GDP, which is “unsustainable”. On Tuesday, the acting president of the Ecofin Council stated that they should not simply observe wage trends from the point of view of costs, but...

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