• DRAGHI: Portugal commited to meeting fiscal target

Market news

9 July 2012

DRAGHI: Portugal commited to meeting fiscal target

-- Italy spending review will help it meet fiscal target

-- Fundamentals of euro area are sound

-- Must implement euro-level, national commitments

-- The euro is here to stay

-- Stability for EMU means implementing summit decisions

-- Euro area will take steps to ensure its survival

-- Looking forward to work on a roadmap that has started

-- Need to share more fiscal financial econ. sovereignty

-- Deeper EMU integration requires more accountability

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