ECB should have same powers as other central banks, Rajoy says

04/9/2013 | Bloomberg · Reuters

Spanish Prime Minister Mariano Rajoy says the European Central Bank should have the same authority as the US Federal Reserve, the Bank of England and other central banks. "We must all ask ourselves whether the ECB should have the same powers as the rest of central banks in the world," Rajoy said. "We need to give ourselves the instruments that are available in other regions. Europe is going through a decisive moment which requires setting the rules of the game clearly."

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Bloomberg · Reuters

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