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Draghi backs calls for fiscal union to bolster eurozone |
Frankfurt, 30.09.2019 |
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Outgoing ECB president ‘optimistic’ that the political debate is shifting
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https://www.ft.com/content/1d702afe-e2ad-11e9-b112-9624ec9edc59
European Central Bank president Mario Draghi has thrown his weight behind French president Emmanuel Macron’s call for fiscal transfers between eurozone member states to bolster the long-term future of the single currency.In an interview with the FT, Mr Draghi said higher government spending was “more urgent than before” to counter the global slowdown. He also said that a long-term commitment to fiscal union was essential for the eurozone to compete with other global powers.
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