Reuters: Sweden to tackle debt, unemployment at EU helm - by Timothy Heritage
Sweden to tackle debt, unemployment at EU helm - by Timothy Heritage
The European Union must do more to fight rising public debt and unemployment to ensure any recovery from economic crisis is sustainable, Sweden said on Tuesday before taking over the EU presidency.Setting out the priorities for its six-month presidency starting at midnight, the Swedish government said EU leaders must also tighten supervision of the financial system and convince voters they are up to the task of ending the crisis. "The time for pushing for more stimulus packages is exhausted. It's exit strategies we will ask for," Prime Minister Fredrik Reinfeldt told reporters.Sweden's other priorities during the presidency, which it takes over from the Czech Republic, include agreeing an EU position for climate talks in Copenhagen in December at which a new United Nations treaty on emissions is sought.
