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Economy

xchrom

(108,903 posts)

6. EUROPEANS CRITIQUING EACH OTHER'S BUDGET PLANS

Reply to Tansy_Gold (Original post)

Fri Nov 22, 2013, 07:40 AM

Nov 2013

http://hosted.ap.org/dynamic/stories/E/EU_EUROPE_BUDGETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-11-22-04-28-44

BRUSSELS (AP) -- Finance ministers from the 17 nations that use the euro currency are meeting for their first time to critique each other's spending plans for next year.

The Friday gathering in Brussels is supposed to help prevent the government overspending and miscalculation that plunged much of Europe's economy into recession. The ministers will be reacting to criticisms the European Union's executive branch issued of each country's proposed 2014 budget last week.

Jeroen Dijsselbloem, the Dutch finance minister, will chair the session, and told the French financial daily Les Echos he's looking forward to some frank talk.

He said: "I expect a real clash of ideas. The ministers must explain what they intend to do."

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Highlight:

STOCK MARKET WATCH -- Friday, 22 November 2013 [View all] Tansy_Gold Nov 2013 OP

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EUROPEANS CRITIQUING EACH OTHER'S BUDGET PLANS xchrom Nov 2013 #6

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HA! exactly! nt antigop Nov 2013 #30

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