ECB's Noyer expresses support for Hollande's reform plan

FXstreet.com (Łódź) - Speaking on the French radio Europe 1 on Thursday, ECB Governing Council member Christian Noyer said that President Francois Hollande's reform pact, revealed on Tuesday and including reductions in labor costs and government spending, is the best way to boost growth in France.

Noyer added that the European Central Bank is prepared to implement further measures should growth in the Eurozone require support.

"We have been very audacious and without doubt we will take additional measures if need be," he assured.