" our transformed economic governance enables us to address macroeconomic imbalances pre-emptively and to create the foundations for sustainable growth," said olli rehn, commission vice-president for economic and monetary affairs and the euro. "decisive policy action by member states and at eu-level is helping to rebalance the european economy.

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" Our transformed economic governance enables us to address macroeconomic imbalances pre-emptively and to create the foundations for sustainable growth," said Olli Rehn, Commission Vice-President for Economic and Monetary Affairs and the Euro. "Decisive policy action by Member States and at EU-level is helping to rebalance the European economy.