HIGHLIGHTS - EU summit on stimulus and climate package

Thu Dec 11, 2008 2:29pm GMT
 
Email | Print | | Single Page
[-] Text [+]

BRUSSELS (Reuters) - The following are comments by European Union leaders in connection with their two-day summit starting on Thursday, where they will debate a 200 billion euro (177.6 billion pound) EU-wide stimulus package and measures to tackle climate change.

BELGIAN PRIME MINISTER YVES LETERME

"Today's summit is about our children. We need to strike the right balance between the needs of the economy and the needs of the environment."

EUROGROUP CHAIRMAN JEAN-CLAUDE JUNCKER

On need for budget consolidation:

"It must be clear to everyone that when the economy returns to the path of growth, budgetary consolidation must resume vigorously."

On latest ECB rate cut:

"I do think that this was a step which had to be taken, it's up to the bank to assess the volume of its interest (rate) cuts."

"It was a step in the right direction."  Continued...

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos