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Europe Daily Bulletin No. 9734

6 September 2008
Contents Publication in full By article 31 / 38
GENERAL NEWS / (eu) eu/economy
Juncker opposed to any budgetary reflation

Brussels, 05/09/2008 (Agence Europe) - Chairman of the Eurogroup Jean-Claude Juncker, speaking in an interview in Le Monde on 4 September, has rejected all thought of budgetary reflation in response to the slowing of economic growth in the Euro area. “After the American recovery plan, adopted in January, we in Europe decided not to respond to the financial crisis with a programme of this kind. History has demonstrated their limits. Such policies can lead to some small, short-term...

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