• Draghi: We Have To Make Do With Current Size Of ESM

Market news

5 July 2012

Draghi: We Have To Make Do With Current Size Of ESM

 

- ECB Plans To Make Full Use Of Becoming Bank Supervisor

- New ECB Tasks Will Imply More Democratic Accountability

- We Stand Ready To Raise Standards Of Democratic Accountability

- New Tasks In Supervisory Area Should Be Rigorously Separated From Monetary Policy

- ECB Should Have No Contamination From Banking Supervision Task

- ECB Will Work With National Supervisors

- ECB Should Be Placed To Carry Out Banking Supervision Without Risk To Reputation

- EU Council Decision On Unified Banking Supervision Is Important Step

- Banks Lending To Real Economy Generates Collateral Vs ECB Funds

- ECB Must Make Sure It Doesn't Engage In Monetary Financing

- Idea of ECB Channelling Funds Via Banks To Specific Category Of Firms, Households Is Wrong

- Some Price Falls Are Part Of "Good" Rebalancing In EMU

- Deflation Has To Be Generalized Across Product Groups, Countries

- Deflation Is A Protracted, Generalized Drop In Price Level

 

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