But Monks believes the solution for Europe is fiscal stimulus, not more cuts.
When we got growth into the European economy, then the debts become relatively easy to manage, he added. That is what we need at the moment, and that is what our message is today across the many capitals of the European Union.
The protests occurred on the eve of a European summit in Brussels, in which leaders are expected to approve a permanent bailout fund for ailing countries sharing the euro currency.
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