EU's Almunia says Europe in good times

Joaquin Almunia, the European Commissioner for economic and monetary affairs, said Saturday 14 April, Europe is enjoying a good recovery.

"Thanks to the reforms launched in the labour markets in many European economies in past years the structural unemployment is being reduced," Almunia told reporters after the G7 meeting of finance ministers and central bankers.

"We are enjoying a good recovery in Europe. During these good times we cannot repeat the errors of the past recovery in 1999/2000 of not

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account