Mervyn King

ESRB elects sub-committee heads

European Systemic Risk Board elects Poland’s Marek Belka, Italy’s Mario Draghi, Cyprus’ Athanasios Orphanides, Germany’s Axel Weber, to steering committee

King is fully justified

The governor of the Bank of England is well within his rights to press politicians on the need for fiscal retrenchment, Robert Pringle argues.

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