(Repeats to new USN)
BRUSSELS Aug 5 European Central Bank President
Mario Draghi will meet the incoming European Commission
president, Jean-Claude Juncker, in Luxembourg on Wednesday, a
euro zone official with knowledge of the matter said on Tuesday.
The meeting will take place as euro zone central bank
governors are due to gather in Frankfurt for their policy
meeting on Thursday. The ECB is widely expected to keep interest
rates unchanged as it waits for earlier measures to unfold.
Bundesbank President Jens Weidmann, who will take part in
the Governing Council meeting, has called upon governments many
times to push ahead with reforms and respect Europe's fiscal
rules, while adding that monetary policy has done its part.
Italian Prime Minister Matteo Renzi has led calls to move
from austerity to expansion. He said last month the Bundesbank
should not comment on Italian government policies, after
Weidmann said Italy should complete structural reforms before
calling for increased budget flexibility.
(Editing by Catherine Evans)