Eurozone head Dijsselbloem urges structural reform


The head of the Eurogroup, Jeroen Dijsselbloem, has urged eurozone governments to undertake further structural reform to boost growth.

In an evidence session with the Economic and Monetary Affairs Committee on 4 September 2014, he said governments should not solely rely on the European Central Bank to fix the economy.

The Eurogroup is made up of finance ministers of eurozone countrie.

Mr Dijsselbloem, the finance minister of the Netherlands, told the committee that governments should design a "growth-friendly, fiscal environment".

The committee hearing came ahead of a summit on 12 September in Milan, where finance ministers are expected to debate how to fix public finances and support growth.

In June the ECB cut interest rates to record lows and has taken steps to boost credit to the eurozone.

The European Parliament's disclaimer on the use of simultaneous interpretations can be found here.

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