Almunia says ECB views on pact 'important'

EU economic and monetary affairs commissioner Joaquin Almunia told the European Parliament the European Central Bank's views on plans to reform the stability and growth pact are "very important", but ultimately it is member states who will vote on the initiative.

Asked about the ECB's opposition to key parts of the European Commission's proposed reforms, Almunia told the EU parliament's economic and monetary affairs committee: "It's the member states that take the decision, but the opinion of the

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