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EXTRA: Juncker warns of "social revolution" against austerity

Europe
14.03.2013
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Brussels (dpa) - The European Union could face a "social revolution" if it does not adapt its push for austerity, Luxembourg Prime Minister Jean-Claude Juncker said Thursday.

"I have big worries about the coming economic developments," Juncker said as he arrived at a Brussels summit. "I won‘t exclude that we run the risk to see a social revolution, a social rebellion ... I think we will have to find a new intersection between consolidation and growth policies."

German Chancellor Angela Merkel pushed for money earmarked under the EU‘s growth pact to flow better, "so that young people in Europe get jobs." But achieving competitiveness is also key, she said.

French President Francois Hollande, meanwhile, argued that there is "too much rigidity" in EU budget policies, urging "flexibility" as he arrived for the talks with his 26 EU counterparts. dpa cb hrz amh ncs

 

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