Likely new Eurogroup head wants to move on from crisis-fighting
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"We now need to keep the momentum going, to ensure we retain the confidence we managed to regain in a lasting manner," he said. "Our focus needs to shift from crisis management to delivering and implementing sound medium-term policies."
Dijsselbloem said policies in the euro zone, which is in recession, had to be focused on restoring sustainable growth, for which sound fiscal policy was indispensable, but such policies should be individually tailored.
"The speed of fiscal adjustment should continue to be based on country-specific fiscal and macro-financial risks," he said in the letter, seen by Reuters.
He said countries should focus on the structural budget balance, which excludes increased spending and lower revenues typical for an economic downturn.
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http://www.reuters.com/article/2013/01/21/us-eurogroup-president-letter-idUSBRE90K0KP20130121
