Top EU official worried by north-south divide


Top EU official worried by north-south divide
 

VIENNA -- A top European Union official says he's worried by a widening gap between the continent's financially troubled countries - mostly in the south - and the more prosperous ones to the north as a result of the debt crisis.
Jose Manuel Barroso, the Portuguese head of the EU's executive Commission, said during a visit to Austria on Thursday that countries that are doing well "should show solidarity to the others."
Bailing out the 17-nation eurozone's strugglers hasn't been popular in richer countries such as Austria. Meanwhile, many in southern Europe resent the tough... read more

 
4 April 2013 in Business, Views: 1
 


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