ECONOMY - FINANCE - BUSINESS / Ecb

Mario Draghi urges euro area countries to deepen economic and monetary union

Brussels, 23/09/2019 (Agence Europe)

In his thirtieth and final appearance before the European Parliament's Committee on Economic and Monetary Affairs, the outgoing President of the European Central Bank (ECB), Mario Draghi, reiterated on Monday 23 September his call to the 19 euro-area countries to consolidate Economic and Monetary Union (EMU) by equipping it with the fiscal capacity to cope with macroeconomic shocks.

“There is no single monetary union with no fiscal policy”, said Mario Draghi, leaving Parliament after...