ECB's Villeroy urges Germany to use fiscal tools to spur growth
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TOKYO (Reuters) - Euro zone countries with fiscal space, such as Germany, should use it to promote growth in a region hurt by the global trade war, European Central Bank policymaker Francois Villeroy de Galhau said on Thursday. The escalation in trade disputes has slowed global trade and the effects are "very acute" in export-reliant Germany, said Villeroy, who is also governor of the French central bank.The euro area's public debt is lower than the debt of the United States and Japan, so it..