Alexa
  • Directory of Taiwan

Cameron defends austerity, urges Europe to follow

 Chairman and CEO of PepsiCo Indra Nooyi from the US, right, prepares to shake hands with Russia's First Deputy Prime Minister Igor Shuvalov, left, du...
 A cameraman films the Posthotel Morosani during the 41st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 27, 2...

Switzerland Davos Forum

Chairman and CEO of PepsiCo Indra Nooyi from the US, right, prepares to shake hands with Russia's First Deputy Prime Minister Igor Shuvalov, left, du...

APTOPIX Switzerland Davos Forum

A cameraman films the Posthotel Morosani during the 41st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 27, 2...

British Prime Minister David Cameron is urging other governments to follow his country's efforts to cut costs and reduce debts, calling sovereign debt an obstacle to trade and growth.
Cameron, whose Conservative-led coalition government has imposed a series of tax hikes and budget caps to reduce the country's debt, said that building up debts and keeping barriers to money and trade flows has made European countries their own worst enemies.
He is also calling for more deregulation across the continent to help bolster recovery.


Updated : 2021-05-08 00:05 GMT+08:00