• European Central Bank Executive Board member Yves Mersch: the economy in the Eurozone is slowly but steadily improving

Market news

15 July 2015

European Central Bank Executive Board member Yves Mersch: the economy in the Eurozone is slowly but steadily improving

European Central Bank (ECB) Executive Board member Yves Mersch said on Tuesday that the economy in the Eurozone is slowly but steadily improving, supported by the ECB's accommodative monetary policy.

"I am confident that the economic recovery will continue," he said.

Mersch repeated that the Eurozone's inflation will hit 2% target in the medium terms.

He also said that the central bank will keep its bond-buying programme until September 2016.

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