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Eurogroup meeting: extracts from the joint press conference by Jean-Claude Juncker, President of the Eurogroup, and Joaquín Almunia

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Following the Eurogroup meeting, Joaquín Almunia, member of the EC in charge of Economic and Monetary Affairs, Jean-Claude Juncker, President of the Eurogroup, expressed concern about rising inflation and cautioned against wage rises, during a joint press conference. They acknowledged the impact of soaring oil and food prices on low-income earners, and said that it is up to public budgets to react. In relation with golden handshakes, Jean-Claude Juncker said that they are a scandalous and added that a solution must be find at European level.
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Type: EbS   Reference: 57248   Date: 13/05/2008   Duration: 00:03:31
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