iOS app Android app More

Europeans critiquing each other's budget plans

stumbleupon: Europeans critiquing each other's budget plans   digg: US Works With Sudan Government Suspected Of Aiding Genocide   reddit: Europeans critiquing each other's budget plans   del.icio.us: Europeans critiquing each other's budget plans

November 22, 2013 04:29 AM EST | AP


BRUSSELS (AP) — Finance ministers from the 17 nations that use the euro currency are meeting for their first time to critique each other's spending plans for next year.

The Friday gathering in Brussels is supposed to help prevent the government overspending and miscalculation that plunged much of Europe's economy into recession. The ministers will be reacting to criticisms the European Union's executive branch issued of each country's proposed 2014 budget last week.

Jeroen Dijsselbloem, the Dutch finance minister, will chair the session, and told the French financial daily Les Echos he's looking forward to some frank talk.

He said: "I expect a real clash of ideas. The ministers must explain what they intend to do."