Reuters: US Dollar Report: Europe must balance stimulus, debt -Bank of Canada

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Europe must balance stimulus, debt -Bank of Canada Apr 30th 2012, 13:20 OTTAWA, April 30 | Mon Apr 30, 2012 9:20am EDT OTTAWA, April 30 (Reuters) - European countries must find a balance between stimulus efforts and measures to curb deficits although it is important some countries give a strong signal as to the soundness of their fiscal position, Bank of Canada Deputy Governor Timothy Lane said on Monday. "Of course some countries in Europe in particular don't really have the luxury of waiting for the appropriate moment (to address deficits) because they really need to give a strong signal as to the soundness of their fiscal position and that really puts them in a difficult position," he said after a speech.

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