Comments from Jeroen Dijsselbloem , president of the Eurogroup.

Headlines on Bloomberg

The Dij is speaking in Austria. I hope he gets some time to do the tourist thing and ride a kangaroo! Its great fun.

Oh wait ... Austria .... never mind. Enjoy the strudel or something.

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The Dij is referring to structural reforms towards convergence of the EU Member States' fiscal and economic policies.

A lot of the Eurocrats LOVE this idea. Without it the euro is likely doomed. Like that's a bad thing. Whatevs.

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More from Dijsselbloem:

  • Says low rates create the risk of price bubbles
  • Says he is sure the ECB is aware of bubble risk

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And still more ...

  • Convergence needed before euro area budget

Riiiight ....