Washington (AFP) – The world’s economic policy elite kept up pressure on the eurozone Friday to fight off stagnation, with Germany under the gun to support more spending to spark growth.But Berlin continued to fend off pressure to allow a loosening of budget constraints across the struggling euro area, saying it would be “foolish” to sacrifice the gains made in improving government finances.Finance ministers and central bank chiefs from around the world, in Washington for the annual meetings of the International Monetary Fund and World Bank, voiced strong worries that growth in the eurozone economy was stalling, on the edge …read more
Source: Business Insider
