Series Title | EUObserver |
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Series Details | 25.4.12 |
Publication Date | 25/04/2012 |
Content Type | News |
EUObserver reported that European Central Bank (ECB) chief Mario Draghi said on the 25 April 2012 at a European Parliament hearing that 'budget cuts may be deepening the recession, but governments should not give up now'. Other features indicate reactions by political leaders in various EU Member States to the austerity v growth debate. Many seemed to called for a 'Growth Pact' to complement or be incorporated within the Fiscal Pact. However, there was disagreeemnt as to what a 'Growth pact' should consist of. |
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Source Link | Link to Main Source http://euobserver.com/19/116030 |
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Subject Categories | Economic and Financial Affairs, Politics and International Relations |
Countries / Regions | Europe |