ECB's Stark concerned over govts' fiscal targets

European Central Bank board member Juergen Stark said in a speech on Thursday 26 October that the ECB is worried that some eurozone countries will miss their fiscal targets this year.

'The favourable economic environment, one-off revenues and successes in budgetary consolidation will enable a large number of member states to reach or even exceed their fiscal goals this year,' he said in a speech.

But he added: 'Some countries are not expected to meet the goals they have set themselves concerni