Monday, September 22, 2014

Draghi says ECB is ready to strengthen measures not … – Reuters

Draghi says ECB is ready to strengthen measures not … – Reuters

Draghi said the board of the central bank in the euro zone ‘remains determined to contain risks to the inflation scenario in the medium term. “

” Therefore, we are ready to use additional instruments in unconventional of our mandate, and change the size and / or composition of our unconventional interventions, if it becomes necessary to combat further the risks of a prolonged period of very low inflation, “said Draghi said in a Reuters dispatch.

Speaking of the economic and monetary affairs committee of the European Parliament, Draghi also said he expects more demand from banks in TLTRO program (English acronym for long-term refinancing operations) scheduled for December in placement.

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