• ECB president Mario Draghi: growth outlook for the Eurozone remains weak

Market news

21 November 2014

ECB president Mario Draghi: growth outlook for the Eurozone remains weak

ECB president Mario Draghi just finished his speech at the European banking congress at Frankfurt. At the moment Bundesbank President Jens Weidmann is speaking. Mario Draghi stated that interest rates have reached a low but the ECB will do what is necessary to meet inflation targets if low inflation persists. Size, pace and composition of the economic stimulus can be adjusted. He said that growth outlook for the Eurozone remains weak in the months to come.

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