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Europe Daily Bulletin No. 10651

10 July 2012
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Draghi says scrutiny before debt pooling

Brussels, 09/07/2012 (Agence Europe) - At a meeting with the European Parliament's economic and monetary affairs committee, European Central Bank (ECB) President Mario Draghi said that pooling of debt, in whatever form, could only be the aim (rather than starting point) of budget union, but establishment of a redemption fund was one of a number of smart ideas. He said that he wanted to be pragmatic and focus on what can be done right now. Draghi added that it was best to do as much as...

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