European Central Bank President Mario Draghi: governments should implement structural reforms to support the central bank’s stimulus measures

Market news

9 June 2016

European Central Bank President Mario Draghi: governments should implement structural reforms to support the central bank’s stimulus measures

The European Central Bank (ECB) President Mario Draghi said in a speech at the Brussels Economic Forum on Thursday that governments should implement structural reforms to support the central bank's stimulus measures.

"There are many understandable political reasons to delay structural reform, but there are few good economic ones. The cost of delay is simply too high," he said.

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