Bloomberg News

Barroso Says Conditions for Investment, Growth Are EU Priorities

March 17, 2012

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

To contact the editor responsible for this story: James Ludden at

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