European Central Bank’s (ECB) Governing Council Member Jozef Makuch: quantitative easing by the ECB is working

Market news

1 April 2015

European Central Bank’s (ECB) Governing Council Member Jozef Makuch: quantitative easing by the ECB is working

The European Central Bank's (ECB) Governing Council Member and the governor of Slovakia's central bank Jozef Makuch said on Tuesday that quantitative easing by the ECB is working. He pointed out that there will be enough quality bonds for asset purchases by the ECB.

Makuch noted that quantitative easing do not replace reforms.

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