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3/9/06

Forbes.com: Austria's Liebscher says EU integration must not be hampered by protectionism

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Austria's Liebscher says EU integration must not be hampered by protectionism

PARIS (AFX) - Austrian National Bank governor Klaus Liebscher said EU integration must not be hampered by protectionist efforts to fight cross-border mergers in some countries. 'I think European integration -- and this is a must for me -- must not be counteracted by nationalist, protectionist measures,' Liebscher said in an interview with the International Herald Tribune.

Liebscher is a member of the ECB's rate setting governing council.

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