Spain Urges EU Supply-Side Push for GrowthWith Madrid Set to Lead Bloc in January, Economics Minister Sees Rates as Low Enough From: International Herald Tribune | Date: June 25, 2001| Author: Alan Friedman | . Provided by ProQuest LLC.Copyright information

International Herald Tribune

06-25-2001

Countering the chorus of calls for lower European interest rates, Deputy Prime Minister Rodrigo Rato of Spain is arguing that the best way to bolster economic growth in the 12-nation euro zone is through ''supply-side economic reforms,'' not rate cuts. Mr. Rato, who is also economics minister, said in an interview that Spain would push hard for labor market flexibility and administrative reforms during its six-month European Union...

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