Hollande calls for special summit on eurozone growth

French president Francois Hollande called on 28 August 2014 for a summit on eurozone growth, warning that “Europe is threatened by a long and possibly interminable stagnation if we do nothing.”

In a speech to his ambassadors in Paris, Mr Hollande said the summit wasneeded to co-ordinate efforts across EU capitals to stimulate growth.

ESO: Background information: France’s Hollande orders cabinet reshuffle amid economy row http://www.europeansources.info/record/frances-hollande-orders-cabinet-reshuffle-amid-economy-row/

ESO: Background information: Unemployment in the euro area: Draghi urges new stimulus to stave off stagnation http://www.europeansources.info/record/unemployment-in-the-euro-area-draghi-urges-new-stimulus-to-stave-off-stagnation/

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