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Google News: ECB's González-Páramo calls for more stringent EU fiscal policy

[Central Banking (subscription)] - José Manuel González-Páramo, a member of the European Central Bank's executive board, on Friday said fiscal policy in the eurozone should be more grounded and rules-based, with clear medium-term objectives. At the XXIV Moneda y Crédito Symposium in

France cuts frantically as Italy nears debt spiral

www.telegraph.co.uk
[Telegraph.co.uk] - Board member José Manuel González-Páramo issued a blunt warning that Italy can expect no white knight. "The ECB is not a lender of last resort. It does not have a magic wand." Joachim Fels from Morgan Stanley said Europe's leaders may themselves have

ECB: EU six-pack has 'loopholes'

www.gfsnews.com
[GFS News] - José Manuel González-Páramo, a member of the executive board of the ECB said the new governance package has shortcomings in its budgetary surveillance and excessive deficit procedures. "This creates loopholes and could endanger the transparency and

Google News: The week ahead in central banking

[Money Supply (blog)] - José Manuel González-Páramo, Mr Praet's fellow executive board member, talks of the role for securities markets in financial stability in Madrid on Friday. Their colleague Jürgen Stark marks the first anniversary of the European Financial Stability
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