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Image header Agence Europe
Europe Daily Bulletin No. 9439
GENERAL NEWS / (eu) eu/eurogroup

Juncker and Almunia stress good economic times have to be used to meet commitments on budgetary consolidation

Luxembourg, 05/06/2007 (Agence Europe) - On Monday evening, finance ministers from the euro area confirmed their commitment to consolidation of public finances during periods of strong growth, with the spring forecast predicting growth of 2.6% of GDP this year and 2.5% next year (see EUROPE 9421). These forecasts were confirmed by the International Monetary Fund (IMF), the director of the European Department of which, Michael Deppler, was present at the meeting. Afterwards Eurogroup...

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