April 24, 2013

Time for Growth: Austerity Has 'Reached its Limits,' Barroso Says

European Commission President José Manuel Barroso has said that Europe has reached the political limits of its austerity measures, suggesting that crisis countries should get more time to consolidate their budgets. But Germany warned against changing course on Tuesday.

Striking statements were made by one of Europe's most powerful men on Monday night,.. Read more.

Spiegel

Related,
- EU Austerity Dispute: How Barroso Let His Opinion Slip - Spiegel

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