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Europe Daily Bulletin No. 9917

10 June 2009
GENERAL NEWS / (eu) eu/eurogroup
Return to budget consolidation, though not yet attained, may come about as of 2010

Luxembourg, 09/06/2009 (Agence Europe) - In the course of its annual mid term review of eurozone budget policy, the Eurogroup continued its discussions on Monday 8 June on adjusting budgetary strategy in order to place public finance on a more sustainable path. Return to budget consolidation will come about once there is growth but not before, although there may be differences from one country to the next.

Return to budget consolidation predicted as of 2010. “Fiscal stimulus must be...

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