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End to Crisis ‘Within Sight’ Says Barroso

Norman, L., (2013), “End to Crisis ‘Within Sight’ Says Barroso”, The Wall Street Journal, The Euro Crisis Blog, 11 Σεπτεμβρίου.

Europe must move ahead on its banking union project to help the region exit an economic and debt crisis whose end is now “within sight,” the European Union’s top official said Wednesday.

In his annual address to the European Parliament, European Commission President José Manuel Barroso said the region has “started to convince” financial markets and Europe’s partners that it is turning its back on a crisis that has seen five countries seek a bailout and produced a long, protracted downturn.

“Of course we need to be vigilant…Even one fine quarter doesn’t mean we are out of the economic heavy weather. But it does prove we are on the right track,” he said.

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