Rome

Euro 'irreversible' say Draghi on Italy election (2)

Reinforcing monetary union remains priority says ECB chief

Euro 'irreversible' say Draghi on Italy election (2)

Rome, March 8 - European Central Bank President Mario Draghi answered a question on the victory of two Euroskeptic parties in Italy's general election by saying that "the euro is irreversible". Replying to a question on a win by the anti-establishment 5-Star Movement and the anti-migrant League just when other EU countries are trying to strengthen the governance of EU institutions, Draghi said "I really don't want to comment" on the Italian elections. "I can only say that the euro is irreversible and the reinforcement of economic and monetary union remains a priority", Draghi said. He said that the ECB "urges the adoption of specific and decisive measures to complete the Banking Union and that of the capital markets".

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