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Chief Economist: European Central Bank 'In Danger of Overload'

Chief Economist: European Central Bank 'In Danger of Overload'

AGENCE FRANCE PRESSE JUL. 12, 2013, 6:47 AM

REUTERS
The European Central Bank risks being overloaded by its new and huge task of watching over banks, executive board member Peter Praet warned in a newspaper interview on Friday.

"The eurozone was set up with too few institutions actually capable of acting. We're now paying the price for that," he said.

Read more: http://www.businessinsider.com/peter-praet-european-central-...



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