Carstens: Europe must face its debts
Lessons learnt from emerging markets demonstrate that Europe's troubled economies have no choice but to face up to their fiscal over-extension, according to Agustin Carstens, Mexico's central bank governor and candidate to be head of the Intenational Monetary Fund. He talks to the FT's John-Paul Rathbone about Europe's economic problems and the economic impact of Mexico's war on drugs.
Produced by Deborah Bonello
- Macron substitutes economic moderation for political ‘revolution’
- French judge to investigate ‘fake jobs’ claims against Fillon
- Italy’s ruling Democratic party sets leadership election for April 30
- Marine Le Pen refuses to be questioned by French police
- Bid to oust Enda Kenny risks backfiring as Brexit looms