Nine EU countries set out post-crisis growth plan

EUObserver reports on a letter sent to the EU Council President and to President of the European Commission by the group of nine state leaders of the mostly non-eurozone and pro-open market member states Denmark, Estonia, Latvia, Lithuania, Finland, Poland, the Netherlands, Sweden and the UK.

The five-page document dated on 18 March 2011 said that the EU risks a future of high unemployment and economic decline vis-a-vis new world powers unless it looks beyond just saving the euro, nine member states have said in a joint letter.

"Without stronger ambition and fundamental reform - to unleash enterprise, open markets and promote innovation, including in green technologies - we face a future of low productivity, high unemployment, lost investment and relative economic decline," the group-of-nine warned.

• Primary Source

ESO: Background information: Eurozone strikes debt deal http://www.europeansources.info/record/eurozone-strikes-debt-deal/

ESO: Background information: Saving the euro: Bound towards a tense future http://www.europeansources.info/record/saving-the-euro-bound-towards-a-tense-future/

ESO: Background information: EU heads for battle over new budget rules http://www.europeansources.info/record/eu-heads-for-battle-over-new-budget-rules/

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