"All ministers in the Eurogroup, including the European Central Bank, agree that the fiscal efforts launched by the Eurozone countries should be sufficient for the time being," Luxembourg Prime Minister Jean-Claude Juncker told reporters after chairing a regular monthly meeting with Eurozone finance ministers, or Eurogroup.
"We now want to see the effects on the ground," he said.
Juncker's view was echoed by Austrian Finance Minister Josef Proell.
"We have a lot in the pipeline...Many elements of the stimulus packages, many of our tax reductions will only start to have an effect in the coming weeks and months," Proell said.
