RIGA (MNI) – The Eurozone is not a transfer union, European Central
Bank Executive Board member Juergen Stark said Wednesday.
Stark told a conference of the Bank of Latvia that “the euro area
is not a transfer union” and reminded his listeners that he is “a strict
opponent” of a transfer union.
–Frankfurt bureau tel.: +49-69-720142. Email: dbarwick@marketnews.com
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