Structural reforms, as well as a comprehensive overhaul of the banking sector in Europe, should be implemented immediately if Europe is to get itself out of the current economic crisis, the president of the Eurogroup has said.

Speaking in the European parliament on 7 May, Jeroen Dijsselbloem, said that while austerity (“I prefer to call if ‘fiscal discipline’”) is an increasingly unpopular policy in Europe, financial caution should still be carried out despite the ...

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