Spain and Portugal succeed in stabilizing budget

Eurozone will always be stabile

In brief: Budget consolidation measures of Portugal and Spain are satisfying.

The Prime-minister of Luxembourg Jean-Claude Juncker has said that financial ministers of eurozone countries are satisfied of the measures of budget-financial stabilization taken by Portugal and Spanish governments.

The head of Eurogroup has also ensured that financial stability in eurozone will be guaranteed always as before. Now Eurogroup considers the idea of creating economic government in eurozone. Next time Eurogroup will gather on May, 21.

Maria Velikanova
2010-05-18 13:23, Economics.

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