FRANKFURT, Dec 7 (Reuters) - The euro is not in danger while European Union debt rules must be strengthened and followed more closely, Klaus Regling, the head of the currency’s bloc fiscal safety net said on Tuesday.
“The Stability and Growth Pact must be strengthened and operated more strictly in the future,” Regling, chief of the European Financial Stability Facility (EFSF), said in a speech at a Standard & Poor’s event.
He also said the current bond market turmoil did not mean that the euro was in danger. (Reporting by Andreas Framke and Kathrin Jones, writing by Sakari Suoninen)
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