24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

European Central Bank President Calls For Governments To Complete Banking Union

(Reuters) - European Central Bank President Mario Draghi called on national governments to deliver economic reforms and complete a banking union, saying the ECB had won time for action by delivering price stability over the past 15 years.

"It is now crucial to complete this agenda at the European and national level," he said in a speech at a conference in Rome on Tuesday, adding that governments should focus on key reform priorities: "completing the banking union, implementing growth-friendly fiscal consolidation, and structural reforms in labor and product markets".

Source: Reuters . Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement