Interview revealing that even non-Eurozone countries will be expected to participate in shoring up the Euro
Interview revealing that even non-Eurozone countries will be expected to participate in the fruitless task of shoring up the Euro – and for the UK, David Cameron appears to have agreed to waste more taxpayers’ money on this. More seriously even than that, it is the excuse being used to pour significantly more money into the European Central Bank – one of the precursors to the World Currency.
EU Economic Commissioner Olli Rehn has said the eurozone is taking “all neccessary action in order to overcome” the debt crisis.
He was speaking as concern over Greece and Spain lead to continued unrest across the European money markets.
On Francois Hollande’s call for an emphasis on growth rather than austerity, Mr Rehn said both were needed if Europe is to recover:
“We need… to stay the course of fiscal consolidation, and to support sustainable growth through reforms and investment.”
BBC Interview Here: http://www.bbc.co.uk/news/business-18123143
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