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Image header Agence Europe
Europe Daily Bulletin No. 11122
Contents Publication in full By article 29 / 32
ECONOMY - FINANCE - BUSINESS / (ae) economy

Draghi warns states against stability pact backward step

Brussels, 15/07/2014 (Agence Europe) - The head of the European Central Bank, Mario Draghi, has warned member states not to water down the stability and growth pact (SGP).

At a monetary policy discussion with the European Parliament's economic and monetary affairs committee in Strasbourg on Monday 14 July, Draghi said countries needed to ensure there were no backward steps on the revised stability and growth pact or watering it down to such an extent that it no longer forms a credible...

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