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Euro group's Juncker says euro zone growth prospects are favourable UPDATE


Published :
Mon, 04 Jun 2007 21:28
By : Agencies
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(Updates with Juncker comments about IMF's Deppler)

LUXEMBOURG (Thomson Financial) - Euro group president Jean-Claude Juncker said growth prospects in the euro zone are favourable.

After chairing the monthly meeting of euro zone finance ministers, Juncker said there are no medium- or long-term risks to price stability in the euro zone.

He said Michael Deppler, head of the IMF's European division, who attended tonight's gathering, agreed with the euro group's outlook.

Deppler also said the bloc should use the current recovery to improve public finances.

victoria.main@thomson.com

vm/vm/vm

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