Juncker says rising debt prevents growth, jobs

Tells fiscal seminar don't over-spend on employment plans

(ANSA) - Brussels, December 10 - Jean-Claude Juncker, head of the European Commission, said Wednesday that high debt prevents economic growth and job creation. "There is neither work nor growth if debt climbs," Juncker said in a video message to a fiscal seminar organized by ex-premier Mario Monti and attended by Economy Minister Pier Carlo Padoan. Juncker added that his plan for 300 billion euros in investment by the EC was created "without debt" to create jobs, especially for youth, "but do not spend money you do not have," added Juncker.


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