Buba chief concerned about euro stability, growth

Bundesbank President Ernst Welteke said in an article published at the weekend that the Stability and Growth Pact has "not yet been buried," but it has been seriously damaged by the decision taken in Brussels. "It is now decisively important that France and Germany speedily implement the promised corrections and return to the deficit limit of 3 per cent by 2005," he said.

Source: Welt am Sonntag

Bundesbank President Ernst Welteke is concerned about the euro. The European Central Bank [ECB] Coun

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: