Draghi encourages ‘greater role’ for fiscal policy
Spells out need for ‘growth-friendly’ fiscal measures
Mario Draghi encouraged national governments to "play a greater role" in stimulating economic demand in the eurozone yesterday, at the Jackson Hole symposium in Wyoming.
The ECB president made the case for more "growth-friendly" fiscal policy and stronger co-ordination between eurozone member states, as well as support from the European Union for a "large public investment programme".
This marks a departure from his previous comments on public finances, which have focused primarily on the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com