Author (Person) | Fox, Benjamin |
---|---|
Series Title | EUObserver |
Series Details | 23.04.13 |
Publication Date | 23/04/2013 |
Content Type | News |
European Commission President Jose Manuel Barroso on 22 April 2013 indicated that the EU's budget-slashing response to the economic crisis has run its course. Speaking in Brussels at a meeting of European think tanks, Barroso commented that "while I think this policy [austerity] is fundamentally right, I think it has reached its limits." Barroso's remarks were a further sign that the European Commission was ready to give the likes of France, Spain and Italy more time to force through unpopular economic reforms to reduce their budget deficits. The remarks also set out a renewed debate calls from various stakeholders across Europe for a relaxation of the austerity mantra as espoused by Germany. Related hyperlinks reflect aspects of this debate. |
|
Source Link | Link to Main Source http://euobserver.com/economic/119904 |
Related Links |
|
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe |