Duisenberg sees danger EU stability pact will fail

Wim Duisenberg, whose term as president of the ECB finished on Friday, said in a TV interview that "The danger is certainly there" that the EU's stability and growth pact could fail. He warned that should this happen it would be a disaster for Europe.

Source: ChannelNewsAsia

The outgoing president of the European Central Bank, Wim Duisenberg, said in a television interview there was a risk that the European Stability and Growth Pact, a key set of budget rules underpinning the euro, could fail.


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: