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Advancing long-term prosperity: economic reform in an enlarged Europe.

Publication: M2 Presswire
Publication Date: 09-FEB-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-9 February 2004-UK Government: Advancing long-term prosperity: economic reform in an enlarged Europe(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:02092004

Ahead of the 10 February meeting of EU Finance Ministers and the March European Council, the Treasury is today publishing a new report highlighting the need for further and faster economic reform to promote growth, jobs and prosperity in Europe.

Advancing Long-Term Prosperity: Economic Reform in an Enlarged Europe, examines how Europe needs to respond to the challenges of globalisation, enlargement and ageing populations and advises that the problems of low growth and high unemployment will only be solved with greater efficiency, flexibility and productivity.

The Chancellor, Gordon Brown praised the reforms which have been achieved so far, but called for the pace of reform to accelerate: "In the past four years since the Lisbon Council, the EU has made great steps, with significant reforms...

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