Europe can ease deficit cutting, ECB's Constancio says

04/26/2013 | Market News International

Europe can slow spending cuts and give more attention to encouraging growth, after making significant progress in reducing deficits, European Central Bank Vice President Vitor Constancio says. "To complete this rebalancing, it is essential we have more growth in Europe as a whole," he said. "Rebalancing should not be one-sided all the time."

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