Lagarde Urges EU Chiefs to Agree Fiscal Pact for Sake of Unity

Christine Lagarde

Photographer: Yorgos Karahalis/Bloomberg
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European Central Bank President Christine Lagarde urged European Union leaders to come to an agreement on their fiscal rules before the end of the year.

The euro-zone monetary chief delivered her message at a summit in Brussels on Friday, just days after she is said to have told the presidents of the EU commission, the Eurogroup and the European Council that the lack of an accord risks creating trouble.