ECB’s Constâncio calls for eurozone to cut back on debt

constancio
Vítor Constâncio

The eurozone needs to work hard to end its reliance on debt, European Central Bank (ECB) vice-president Vítor Constâncio said on June 24.

In remarks to a conference entitled "Debt – economic, political and moral consequences", organised by the Deutsche Bundesbank and Goethe Univirsity, Constâncio said economies had been torn by a desire to pursue growth and a desire to deleverage. "Both strands have been partially pursued with the end result that deleveraging has hardly happened both in the case

To continue reading...

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 here: