Financial Times FT.com

Atlantic stimulus rift grows

By Tony Barber in Brussels, Alan Beattie in Washington and George Parker in London

Published: March 10 2009 21:11 | Last updated: March 10 2009 23:04

Disagreements between the European Union and the US over how to combat the global recession widened on Tuesday as EU governments made clear they had little appetite for piling up more debt to fight the collapse in output and jobs.

Finance ministers from the 27-nation bloc insisted in Brussels that it was doing enough to support world demand and did not need at present to adopt another fiscal stimulus plan, as Washington is urging.

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