ECB chief warns on need to keep pact

Wim Duisenberg told EU finance ministers Wednesday night that the EU stability and growth pact could unravel if Governments changed the rules of the fiscal framework, BizWorld reported. "I acknowledge that these are not easy times, that conditions are adverse. But the difficulties that some of you now face were not entirely unforeseen," he said.

Source: BizWorld

European Central Bank (ECB) president Wim Duisenberg said the EU stability and growth pact could unravel if Governments changed the ru