ECB’s De Guindos: Economic growth in the Euro area is currently solid and broad-based

The newly appointed ECB vice-president de Guindos, speaking at the opening ceremony of the XXIX Edition of the LLM in EU Law of the University Carlos III of Madrid, was noted saying that economic growth in the Euro area is currently solid and broad-based. 

Additional quotes:

   •  We need to revamp our fiscal rules and create a stabilisation instrument to enhance the resilience of the monetary union.
   •  Top priority in this area is for national policymakers to build up fiscal buffers to ensure policy space for future downturns.