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Les Echos - Francia | Viernes, 10. Febrero 2012

Greece and EU need growth now

Now that the Greek parties have accepted the austerity requirements the country - like the rest of Europe - must find its way back to the path of growth, affirms the liberal daily Les Echos: "Good, the country has a bit of a respite. Now it must once more learn to breathe, that is to create more wealth to be able to repay more debt. There's no point getting impatient: the process will take at least a decade. And that doesn't just apply to Greece. All of Europe has slowed down for some time to come. ... Of course it is indispensable that all of the European countries return to a sustainable budget trajectory without being at the mercy of investor hiccups. That is the objective of the European 'fiscal compact' adopted officially at the end of January. But this package won't be enough. If Europe sinks deeper into its 'lost decade', the public accounts of its member countries will remain in the deep red."

» de toda la revista de prensa del Viernes, 10. Febrero 2012

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