Eurozone still not a complete monetary union, Draghi says
Further reforms to create “common institutions” are necessary, ECB president argues
The project to create a single monetary union in Europe is still "unfinished", Mario Draghi told an audience in the Slovenian capital Ljubljana today (February 2).
It was important to ask why some eurozone governments had not followed the correct policies to succeed in the monetary union, Draghi said. "The euro area relied heavily on the notion that the integration process would itself create the incentives for sound policies," he argued.
This had not happened "in part because the single market
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