Merkel, Sarkozy stress growth a priority in eurozone crisis, call for quick Greek accord

BERLIN — The German and French leaders stressed Monday that boosting economic growth in the 17-nation eurozone is a priority, a recognition that the focus on austerity cuts is unlikely to get Europe out of its debt crisis.

Some analysts fear excessive austerity measures will take a heavy toll on weakening economic growth and push the eurozone into recession this year, in turn hindering the region's deficit-cutting efforts.

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Thomas Erdbrink 10 Jan, 2012


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Source: http://feeds.washingtonpost.com/click.phdo?i=99ee30fad7648389fe940a10b05c694c
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