News Headline Summary

FT writes: "Spain urges Germany to boost growth"

Mariano Rajoy has called on Germany and other creditor countries in the eurozone to do more to stimulate growth, arguing that a switch to a more expansionary policy would boost economic recovery across the single currency area.

“I think that in this moment, when there is a need for growth, those who are able to implement growth policies should do it,” the Spanish prime minister told the Financial Times in an interview. “What is clear is that you cannot ask Spain to adopt expansionary policies at this time. But those countries that can, should.”

Link: http://www.ft.com/cms/s/0/a77122ce-5f35-11e2-8250-00144feab49a.html#ixzz2I4YbHuAl

Print 19:04, 15 Jan 2013 - Economic commentary - Source: FT.com