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Nov. 10 (Bloomberg) -- German Finance Minister Wolfgang Schaeuble said Europe’s biggest economy may cut its budget deficit to the European Union limit by 2013, while France is asking for an extra year. Full Article at Bloomberg.com
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Tuesday's meeting of EU ministers in Brussels is likely to focus on ways and means of cutting national budget deficits without jeopardizing a fragile economic recovery in parts of the bloc. Full Article at Deutsche Welle
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EUOBSERVER / BRUSSELS Discussion at a meeting of euro area finance ministers on Monday (9 November) was dominated by the group's growing need to tackle its poor public finances, but the exact timeframe still remains controversial. Full Article at EUobserver.com
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BRUSSELS, Nov 10 (Reuters) - Following are comments from European Union finance ministers as they gathered in Brussels on Tuesday for a meeting. DUTCH FINANCE MINISTER WOUTER BOS ON EURO "We always wanted a strong euro. And now we have one. Full Article at Reuters Alert Net
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While it’s very important that economic policies stay expansionary, it’s also very important that we start to communicate and design the exit strategy
– Anders Borg SOURCE: Irish Times -
we’ve decided to go down a road that relies fully on growth ... I don’t see any chance of succeeding if all we do is save, save, save.
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Consumers are holding back on any spending splurges as retail sales came in weaker than expected
SOURCE: France 24 -
The sum of these measures will result in revenue of around 10.95 billion euros (US$16.07 billion), or around one percent of our gross domestic product
SOURCE: Taiwan News
