Eurogroup Pres. Centeno: Future euro area budget will complement monetary policy

Anil Panchal FXStreet

Eurogroup President Mario Centeno was on wires recently. Mr. Centeno shed lights on the anticipated Eurogroup budget while saying:

A future euro area budget would be a complement to monetary policy and would also add a new instrument to the eurozone's toolkit.

It should also be noted that Eurozone lawmakers have so far given little details of such a budget.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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