Barroso predicts "baptism of fire" for a generation

European Commission President Jose Barroso has that the euro area’s debt crisis is “serious” but that Europe’s leaders have solutions.

28th September, 2011
Barroso predicts "baptism of fire" for a generation
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Greece is and will remain a member of the euro area, European Commission President Jose Barroso has told the European Parliament in Strasbourg, France.

Barroso said that the euro area’s debt crisis is “serious” but that Europe’s leaders have solutions. Forecasts point to a “strong slowdown” of the European economy, he told the parliament in a state of the union address.

"If we do not move forward...

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