Gabrielle Steinhauser, AP, via Miami Herald
Brussels - The European Central Bank's chief does not support all the proposed new eurozone budget rules that leave penalties for overspending nations up to EU governments, who in the past have shown themselves unwilling to impose any.
The draft plan - put together by a task force of EU finance ministers, EU President Herman Van Rompuy and ECB chief Jean-Claude Trichet - was published Thursday.
Crucially, it includes a disclaimer that Trichet "does not subscribe to all elements" of the proposed economic governance package.
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ECB chief opposes new EU budget rules