European Central Bank President Mario Draghi: the central bank is willing to add more stimulus measures if needed

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9 octubre 2014

European Central Bank President Mario Draghi: the central bank is willing to add more stimulus measures if needed

The European Central Bank (ECB) President Mario Draghi said at the Brookings Institution in Washington that the central bank is willing to add more stimulus measures if needed. The ECB want to lift inflation from its low level, so Draghi.

Drgahi reiterated the ECB is ready to implement unconventional interventions if required.

The ECB president expects bank lending will pick up "soon next year".

Draghi noted that Europe faces structural problems, while the sustainable recovery is not possible without reforms.

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European stocks close: most stocks closed lower due to weak economic data from Germany and France and a cut in the growth forecasts of Germany’s economy

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