Carney wants ‘clear principles’ to safeguard non-euro members
EU membership creates ‘dynamism’ but also imposes burdens
Bank of England (BoE) governor Mark Carney called for the European Union to create "clear principles" to ensure non-euro economies retain flexibility in setting regulations, in a speech today (October 21).
"It is important that any future EU legislative measures, designed to meet the needs of deeper integration in the euro area, do not adversely affect the Bank of England's ability to ensure the stability of the UK financial sector or compromise the single market," he said.
Carney was presenting
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