BRUSSELS May 8 European Union countries must
strike a balance between efforts to boost growth and to
consolidate public finances, EU Economic and Monetary Affairs
Commissioner Olli Rehn said on Tuesday.
"The debate of consolidation versus growth is a false
debate. In the current economic situation of low growth and high
debt there is no choice - we need to pursue both
simultaneously," Rehn told a news briefing.
"Fiscal consolidation must be pursued in a growth-friendly
and differentiated manner," he said.
(Reporting By Jan Strupczewski and Luke Baker; editing by Rex