Best Growth Stock – The European Commission (EC) today called on the media and national institutions and community to make a communication effort to explain to citizens the austerity measures adopted by most European governments and that have led to protests in several countries .
In addition to the recent protests in Italy, Spain and other countries, some analysts have said the austerity measures are the cause of the sharp slowdown in growth in Europe, which have slowed the good performance of the central economies of the EU, mainly Germany and France, which has raised fears that the European Union back into recession.
However, EU governments and the media should “make a huge communication effort” to properly explain to Europeans the current economic policies, according to the spokesman for Economic Affairs of the EC, Amadeu Altafaj.
Yesterday took place in Italy for a general strike against the cuts package approved by Parliament, which must be added the strong protests in recent months in countries like Spain, Greece, Portugal, Ireland and the UK.
However, there is “no European strategy for austerity,” said Altafaj a news conference.
“It would miss half the picture,” he stressed in this regard, the spokesman, who has also ensured that national governments plans only apply to “fiscal consolidation” to “create jobs and growth” economy.
However, at the last summit of the euro on 21 July, the euro zone governments agreed, with the approval of the EC and the European Central Bank, to meet “strict” fiscal deficit targets agreed together and take measures to ensure that these deficits are below 3% in 2013.
“There is nothing more antisocial unbalanced public finances,” added Altafaj.
For the EC, the measures implemented in Europe do not constitute “austerity because,” but measures “social” that will support future generations of Europeans.
The EC, he said, hopes “efforts” by the citizens of Italy, Spain and other Member States.
“We agree there is much to communicate” the public about these issues, said the spokesman, who expressed “respect” of the Commission towards the work of the media during the crisis.
Category: Business News