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ECB warns eurozone governments on spending

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Countries that have adopted the euro as their currency should be careful not to overspend beyond their means because this could damage the credibility of the fiscal system, says ECB Vice President Lukas Papademos while testifying at the European Parliament.

Channel: News & Politics
Uploaded: December 31, 1969 at 4:59 pm
Author: EUXTV

Length: 01:47
Rating: N/A
Views: 235

Tags: ECB  European  Central  Bank  Lukas  Papademos  euro  eurozone  stability pact  European parliament  financial  crisis  Italy  ne  EUX.TV  European elections  2009  European Union  EuropeanUnion  EuropeanParliament  EUX  EUXTV  

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