1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

ECB Coeure prefers using fiscal space to speed up Eurozone economic recovery

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - The European Central Bank member Benoit Coeure was on the wires stating the use of fiscal space (fiscal stimulus) would speed up the Euro area’s return to growth and support the ecb’s objective of medium-term price stability.

    He added further that in many Eurozone countries such a fiscal space does not exist.

    Key Quotes

    Ensuring sound public finances in Europe will also require changes to the eu’s fiscal governance framework

    Lack of compliance with the rules has hampered the Euro area’s ability to deliver an efficient macroeconomic policy stance
    For more information, read our latest forex news.
     

Share This Page