EU finance chiefs rule out continent-wide austerity drive
By James G. Neuger and Stephanie Bodoni | China Daily | Updated: 2010-05-19 07:59
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Olli Rehn, European Union economic and monetary affairs commissioner, holds a chart at a press conference in Brussels, Belgium. Jock Fistick / Bloomberg |
BRUSSELS - European finance ministers said Greece's debt crisis won't unleash a continent-wide austerity drive with the potential to tip the economy back into a recession and further undercut the euro.
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