The EU's leaders now recognize austerity alone cannot solve Europe's economic and financial crisis, and that growth and jobs need to be promoted with equal zeal. But, while kick-starting growth in 2012 was high on the agenda for the European Council on January 30, the big question remains: how?
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BRUSSELS – Austerity alone cannot solve Europe's economic and financial crisis. Growth and jobs need to be promoted with equal zeal. European Union leaders now recognize this: kick-starting growth in 2012 was high on the agenda at the European Council’s meeting on January 30. But the big question remains: How?