Open

Coming up

Don't miss

Replay


LATEST SHOWS

THE WORLD THIS WEEK

The World This Week - 01 August 2014 (part 2)

Read more

MEDIAWATCH

Coverage of Gaza in the Israeli media

Read more

REPORTERS

1914-1918: The Depths of Hell

Read more

THE WORLD THIS WEEK

The World This Week - 01 August 2014

Read more

THE INTERVIEW

Exclusive: Israel's US ambassador speaks to FRANCE 24

Read more

#THE 51%

World War One: The war that changed women’s lives

Read more

FRANCE IN FOCUS

Ségolène Royal goes for green

Read more

THE OBSERVERS

A look back at some of the Observers' best stories

Read more

DEBATE

Argentina Defaults: Kirchner Cries Foul Over 'Vulture Funds' (part 2)

Read more

  • Israeli soldier feared captured, ceasefire 'over'

    Read more

  • Exclusive: Israel's US ambassador speaks to FRANCE 24

    Read more

  • Air France ground workers to strike on August 2

    Read more

  • Rogue general denies Islamist seizure of Benghazi

    Read more

  • Ugandan court strikes down anti-gay legislation

    Read more

  • 1914-1918: The Depths of Hell

    Read more

  • Regional summit to tackle deadly Ebola outbreak

    Read more

  • French hospital to open wine bar for terminally ill patients

    Read more

  • Video: Tipping is dying out in French café culture

    Read more

  • €2.5 million in cocaine ‘disappears’ from Paris police HQ

    Read more

  • Appeal court keeps French rogue trader Kerviel in jail

    Read more

  • Interactive: France’s new plan to counter jihadism in Africa

    Read more

  • Ukrainian army suffers losses in separatist attack

    Read more

  • Argentinian markets plummet following default

    Read more

  • French Jews speak of growing fear in Paris amid Gaza conflict

    Read more

Europe

Barroso says EU recovery is gathering momentum

Text by News Wires

Latest update : 2010-09-07

The EU’s economic recovery is gaining steam and growth will be higher this year than originally projected, European Commission President Jose Manuel Barroso said Tuesday in a US-style "State of the Union" address in the French city of Strasbourg.

 

REUTERS - Economic recovery is gathering pace in the European Union and growth this year will be higher than initially forecast, European Commission President Jose Manuel Barroso said on Tuesday.
 
In a policy speech to the European Parliament in the French city of Strasbourg, the head of the EU executive said structural reforms must be accelerated in the next 12 months and the 27 countries in the bloc must show solidarity.
 
"Europe must show it is more than 27 different national solutions. We either swim together, or sink separately," he said.
 
The latest official forecasts put growth in the EU at 1.0 percent in 2010 and estimated growth in the 16 countries that use the euro would be 0.9 percent this year.
 
Revised forecasts are expected to be announced later this month, officials SAY.
 
Countries in the EU and the euro zone have been struggling through a debt crisis this year. Barroso said he saw a willingness among governments to accept stronger financial and fiscal monitoring.
 
He said the bloc, which represents more than 500 million people, must now tackle the imbalances between the countries with strong economies and those performing less well.

 

Date created : 2010-09-07

  • GREECE

    IMF, EU warn of risks despite Greek progress to tackle debt

    Read more

  • GREECE

    EU head Barroso applauds Greek bailout plan

    Read more

COMMENT(S)