PARIS (Reuters) - The European Central Bank should be more active in supporting economic growth in the euro zone and should allow the single currency to weaken against the dollar to boost the bloc's exports, a top aide to France's presidential frontrunner said.
Jerome Cahuzac, a Socialist member of parliament and a senior advisor to candidate Francois Hollande on budgetary matters, said a more pro-growth approach did not imply rewriting the mandate of the central bank, which requires it to guarantee price stability.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
