2012.05.31 13:05:48 UPDATE: German Jobless at Record Low; May Be Labor Market's Limit

BRUSSELS (Dow Jones)--Europe needs to put more effort into showing that its financial firewalls are strong and can be used, because they are imperative for driving the euro zone out of its current crisis, said Angel Gurria, Secretary General of the Organization for Economic Cooperation and Development, Thursday. "We have a number of instruments...isn't that then a question of putting all this weaponry together and showing that it adds up to a very, very large amount of money and that leaders are not only in possession of the weapon, a loaded weapon, but (also) that they are willing to shoot?" Gurria said, speaking at a conference. "What we have been saying for months, for years, is why we can't do things, why we can't use the institutions to their fullest," he added. Gurria explained that Europe also needs to do more to promote growth. Financial consolidation is indispensable, but it shouldn't be implemented at the expense of jobs, he said. -By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com (END) Dow Jones Newswires May 31, 2012 07:05 ET (11:05 GMT)