Interview: Jacques de Larosière

Key European countries are guilty of “systematic slippage” in fiscal affairs. So says the former managing director of the IMF and governor of the Banque de France, Jacques de Larosière, in this week’s CentralBankNet Monday special

Key European countries are guilty of "systematic slippage" in fiscal affairs. So says the former managing director of the IMF and governor of the Banque de France, Jacques de Larosière, in this weeks CentralBankNet Monday special.

This is an excerpt from an interview with Jacques de Larosière, which appears in Central Banking journal Vol. 15.2, November 2004.

To the public, major EU governments and the European Council seem to be on a collision course with Europe's central bankers on the

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