Carney defends eurozone comments
Governor pressed on whether fiscal union comments were appropriate
Bank of England (BoE) governor Mark Carney today defended and re-emphasised comments he made calling for fiscal union in the eurozone, in testimony before the Treasury Select Committee.
The BoE governor initially made the remarks in a speech entitled "Fortune favours the bold", delivered on January 28 in Dublin. "For complete solutions to both current and potential future problems the sharing of fiscal risks is required," he said.
Today Carney appeared alongside other monetary policy committee
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