Mission Growth - Europe at the Lead of the New Industrial Revolution: opening speech by José Manuel Barroso
On 29 May 2012, José Manuel Barroso, President of the EC, gave a speech to open the "Mission Growth – Europe at the Lead of the New Industrial Revolution" conference, held in Brussels.
On this occasion, he stressed that stability and pursuing sound public finances is a necessity. He also announced that the Commission will monitor the impact of tight budget constraints on growth enhancing public expenditure, on public investment and, if necessary, give guidance on the scope for possible action within the boundaries of the European Union and national fiscal frameworks. In the coming months, the Commission will issue a report on the quality of public spending which will deal with this very important issue. SHOTLISTLINK