Eurogroup Pres. Centeno: Future euro area budget will complement monetary policy

Eurogroup President Mario Centeno was on wires recently. Mr. Centeno shed lights on the anticipated Eurogroup budget while saying:

A future euro area budget would be a complement to monetary policy and would also add a new instrument to the eurozone's toolkit.

It should also be noted that Eurozone lawmakers have so far given little details of such a budget.