European Central Bank Executive Board member Benoit Coeure: the economy in the Eurozone is too weak to create enough jobs

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14 septiembre 2015

European Central Bank Executive Board member Benoit Coeure: the economy in the Eurozone is too weak to create enough jobs

The European Central Bank (ECB) Executive Board member Benoit Coeure said in an interview on Friday that the economy in the Eurozone is too weak to create enough jobs.

"Growth is still not strong enough to create a sufficient number of jobs. When inflation is weak, the best way to bring it up to the 2 percent objective is to support economic activity," he said.

Coeure pointed out that growth and employment are very important for price stability.

Eurozone: Industrial Production (YoY), July 1.9% (forecast 0.6%)

Standard & Poor's affirms Greece's sovereign debt rating at CCC+

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