Asmussen stresses importance of institutions for EMU


Speaking at the Internationaler Club Frankfurter Wirtschaftsjournalisten, Jörg Asmussen, a member of the Executive Board of the European central Bank (ECB), said that it was critical that economic and monetary union was provided with the right institutional support. "It is now critical that, over the next year, we continue down this path and provide EMU with institutions it needs to advance. Putting in place a genuine financial union and a stronger economic union must be our key priorities for

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