ECB's Issing says EMU needs political support

European Central Bank Chief Economist Otmar Issing said steady political support from all euro zone members will be necessary to guarantee the success of a single monetary policy for the area.

Speaking late Thursday at a European Monetary Union forum, Issing also repeated his view that EMU can thrive even though the region does not yet have a definitive form of political union, adding that he is convinced that political integration will deepen over time.

Issing said that "for 'one size to fit all'

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account

.