Juncker defends budget rigor in Euro parliament speech

(AGI) Brussels, July 8 - In a speech to Liberal Democrats(ADLE) in the European parliament, newly appointed EuropeanCommission President, Jean-Claude Juncker, said: "I want tomaintain the rigor in budgets. I am against excessiveausterity, but am in favour of rigor. Whoever tells me rigor isover, is wrong." Juncker added that "there is no growth policyif we increase debt. We cannot spend money we don't have." . .

(AGI) Brussels, July 8 - In a speech to Liberal Democrats(ADLE) in the European parliament, newly appointed EuropeanCommission President, Jean-Claude Juncker, said: "I want tomaintain the rigor in budgets. I am against excessiveausterity, but am in favour of rigor. Whoever tells me rigor isover, is wrong." Juncker added that "there is no growth policyif we increase debt. We cannot spend money we don't have." . .