Carney calls on eurozone members to share fiscal burden
BoE governor takes stand on contentious debate during speech in Dublin
Bank of England (BoE) governor Mark Carney has waded into eurozone politics, arguing member countries must share fiscal burdens for the currency union to be successful.
Speaking in Dublin yesterday, Carney addressed the region's travails head on, saying a "complete" solution to low growth and tepid investment required "the sharing of fiscal risks".
He added the "timidity" of European leaders who "do not currently foresee fiscal union as part of monetary union" has costs.
Carney, who also chairs
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