Governments must ensure ECB is not overburdened, Merkel says

Governments must ensure ECB is not overburdened, Merkel says
# 26 September 2019 22:23 (UTC +04:00)

Euro zone governments must reform their economies and employ appropriate fiscal policies to ensure that the European Central Bank is not overburdened, German Chancellor Angela Merkel said on Thursday, APA reports citing Reuters.

Speaking at an event in Frankfurt, home to the ECB, Merkel said the central bank’s loose monetary policy was perceived differently across the currency bloc and that European economies should be moulded to show “more homogeneous competitiveness”.

“This political task that we have is, of course, not to overburden monetary policy,” Merkel told the event hosted by the Frankfurter Allgemeine Zeitung.

Merkel has resisted calls on her government to draft a fiscal stimulus package to boost growth in Europe’s biggest economy, which is teetering on the brink of a recession.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED