Thursday, March 26, 2009

EU presidency: US stimulus is 'the road to hell'

BRUSSELS -- The head of the European Union slammed President Barack Obama's plan to spend nearly $2 trillion to push the U.S. economy out of recession as "the road to hell" that EU governments must avoid.

The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.

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image toon - oby to reid = uppity g20 don't want to join spending party owg mny - intl -

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