Draghi urges eurozone to focus on growth / Brussels signals shift to growth

Report of comments by Mario Draghi, President of the European Central Bank at a meeting of the ECB Governing Council in Barcelona, 3 May 2012.

The FT report suggested that he challenged Europe’s leaders to prepare a 10-year vision for the euro and put growth at the centre of eurozone policies, a tacit criticism of efforts so far by the EU to create a fiscal union to accompany their single currency. Mr Draghi’s call hinted at ECB frustration over the loss of political momentum behind Europe’s economic integration.

ECB: Press Release, 3.5.12: Introductory statement to the press conference Mario Draghi, President of the ECB, Vítor Constâncio, Vice-President of the ECB, Barcelona, 3 May 2012 http://www.ecb.int/press/pressconf/2012/html/is120503.en.html

EurActiv, 4.5.12: ECB's Draghi calls for ten-year EU growth plan http://www.euractiv.com/priorities/ecbs-draghi-calls-year-eu-growth-plan-news-512481

ESO: Background information: Draghi urges eurozone not to give up on austerity http://www.europeansources.info/record/draghi-urges-eurozone-not-to-give-up-on-austerity/

EUObserver, 4.5.12: Draghi: euro countries to lose even more sovereignty http://euobserver.com/19/116128

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