login
login

Europe Daily Bulletin No. 9937

8 July 2009
GENERAL NEWS / (eu) eu/eurogroup
Low growth means return to fiscal constraint - No breakthrough on single chair

Brussels, 07/07/2009 (Agence Europe) - Eurogroup discussion mainly turned, on Monday 6 June, to the impact that the crisis would have on member states' fiscal policies. With potential growth cut by half, the 16 Eurogroup members made a cautious evaluation of the current economic situation and of future budgetary consolidation strategies, dismissing any risk of deflation in the eurozone. The question of single eurozone representation within the International Monetary Fund (IMF) has still not...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS