Finland’s Liikanen demands greater economic coordination in eurozone
Erkki Liikanen, the governor of the Bank of Finland, on Monday said the financial crisis demonstrated the need for greater economic and monetary coordination in Europe.
At the Euro Conference in Tallinn, Estonia, Liikanen said: "Economic policy coordination is being given much greater traction than before. In particular, the crisis has shown that a group of countries with a common currency and highly interconnected banking sectors have a great deal of interest in each others' public finances."
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