I called this meeting for colleagues to discuss how to boost growth in Europe. Tonight's meeting was about putting pressure, focusing minds and clearing the air.
The discussion about growth is not new. We already share a growth strategy and it has been a constant concern. However, our ongoing work on growth has been overshadowed by our vital efforts to ensure financial stability in the Eurozone. But it is no less important.
And there should be no misunderstanding: it is obvious that opposing "deficit reduction" and "growth" is a false debate. They are two sides of the same coin. Without sound public finances there can be no sustainable growth; but without sustainable growth, the measures to bring our debt levels under control will be done in vain.
Our discussions tonight were focused and frank. I listened carefully to all colleagues and we prepared the ground for common decisions in June, five weeks from now.
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