Barroso pushes for EU economic expansion, innovation

11/24/2008 | Financial Times (free content)

European Commission President Jose Manuel Barroso is scheduled to propose Wednesday a package of economic-stimulus programs aimed at blunting the recession and strengthening Europe's long-term competitiveness. Barroso said at a meeting Friday in Lisbon, Portugal, that spending to overcome the recession "must be smart spending," targeted to clean technologies, essential infrastructure, research and innovation.

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