Budget divisions overshadow EU jobs talks

October 8th, 2014  
News Manager

Topic: Budget divisions overshadow EU jobs talks

By James Mackenzie MILAN (Reuters) - French President Francois Hollande defended his push for an easing of European Union budget restrictions on Wednesday, potentially deepening divisions with Germany which is pressing Paris to move faster on reforms. Speaking as he went into a meeting of EU leaders on jobs in Milan, Hollande said the euro zone's faltering economy would continue to slow unless tight budget rules were eased. "We're all affected by the slowdown in growth. We all have to do reforms," he told reporters. "And we also have to adjust budget policies, given what's at stake on growth. ...


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