Mark Carney's comments will not be welcomed in Germany, where there are fears that taxing one part of the Eurozone to pay for another could leave them footing the bill.
ITV News Economics Editor Richard Edgar on the Governor of the Bank of England's comments:
Supporters of the anti-Islam movement Pegida took to the streets in the German cities of Leipzip and Cologne on Wednesday night.
The movement has attracted tens of thousands of people onto the streets each week in Dresden, where it started out, but tonight's gatherings were smaller than expected.
The anti-immigration protesters were outnumbered by a counter-demonstration in Leipzig.
Police in Germany say they have arrested two men on suspicion of recruiting fighters and obtaining equipment and funding for the so-called Islamic State group in Syria.
The two men, aged 41 and 43, were detained in a series of raids on 11 residences in the German capital Berlin.
Police said there is no evidence they were planning attacks in Germany.
The arrests come amid heightened security across Europe following the Paris terror atrocities last week.
Promising young Wolfsburg and Belgium midfielder Junior Malanda has been killed in a car crash, German police say.Read the full story ›
A former nurse in Germany has admitted killing around 30 hospital patients as he "attempted to demonstrate his CPR skills".Read the full story ›
Germany celebrated the new year with a dazzling fireworks display over the Brandenburg Gate in Berlin.
A 93-year-old man charged with 300,000 counts of accessory to murder for serving as an SS guard at the Nazis' Auschwitz death camp will go on trial early next year, a court in Germany has decided.
The Lueneburg state court said its review of the prosecution's case against Oskar Groening determined there was enough evidence to proceed with the trial.
Groening has openly spoken in interviews about his time as an Auschwitz guard and said he witnessed atrocities but did not commit any crimes himself.
Prosecutors claim Groening helped the Nazi regime benefit economically and supported systematic killings in his job by dealing with the belongings stolen from camp victims.
A vigil has been held in memory of a German student beaten to death after stopping men harassing two young girls in a restaurant toilet.Read the full story ›
A 1914 watercolour by Adolf Hitler has sold for 130,000 euros (£102,870) at auction in the German city of Nuremberg.
The private buyer, who is from the Middle East, attended the sale in person according to Kathrin Weidler, head of the auction house. She said there had also been inquiries from Asia and America.
The painting, entitled 'Standesamt und Altes Rathaus Muenchen' or 'Civil Registry Office and Old Town Hall of Munich', is one of about 2,000 works that Hitler painted between about 1905 and 1920 as a struggling young artist.
Art collectors have the chance to get their hands on a 100-year-old watercolour of Munich registry office by Nazi dictator Adolf Hitler.Read the full story ›