Minister Varga: EU Finance Ministers Agree Supportive Fiscal Policy Still Needed

European Union finance ministers agree that supportive fiscal policy is still necessary for the economic recovery, Finance Minister Mihály Varga said after an informal ECOFIN meeting in Brdo, Slovenia.
In a statement released by his ministry, Varga said the finance ministers concurred that a hasty withdrawal of fiscal support – as happened after the 2008 crisis – could hold back the growth of Europe’s economies and even lead to another crisis.
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Minister Varga: EU Finance Ministers Agree Supportive Fiscal Policy Still Needed

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