Brussels

Inflexible rules foster unemployment, says Hollande

EU summit ends first day

Inflexible rules foster unemployment, says Hollande

Brussels, March 14 - Arriving at the EU summit, French President Francois Hollande said that a lack of flexibility in budget rules led to unemployment and that the priority now was growth. At the end of the European Socialist Party meeting, before arriving at the European Council, Hollande noted that a growth pact had been signed in June 2012 and that it should now be implemented to affect 2013 as much as possible.

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