The European Central Bank Executive Board member Yves Mersch: the central bank’s decision to extend its asset-buying programme was justified

Market news

4 December 2015

The European Central Bank Executive Board member Yves Mersch: the central bank’s decision to extend its asset-buying programme was justified

The European Central Bank (ECB) Executive Board member Yves Mersch said on Thursday that the central bank's decision to extend its asset-buying programme was justified.

"Today's decision is reasonable and justified," he said.

Mersch noted that the Eurozone's economy was recovering, and inflation was picking up toward the 2% target.

The European Central Bank (ECB) Governing Council member Jens Weidmann: further stimulus measures by the ECB were not needed

The European Central Bank lowers the amount of emergency funding (ELA) to Greek banks by €7.8 billion

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