European Commission President Jose Barroso said creating conditions for investment and taking steps to boost growth and job creation are priorities.
“We have a monetary union in Europe, but we don’t have yet a true economic union,” he said at an event hosted in Milan by Confindustria, Italy’s employers lobby. A culture of financial stability is indispensable for a proper economic union, he said.
To contact the reporter on this story: Francesca Cinelli at email@example.com
To contact the editor responsible for this story: James Ludden at firstname.lastname@example.org