The European Central Bank (ECB) Governing Council Member Vitas Vasiliauskas said in an interview with The Wall Street Journal on Saturday that there is no need for further stimulus measures in the Eurozone.

"I feel in your questions and market sentiments, everybody is asking, what you will do additionally. My message is very clear: There is no need for any additional measures," he said.

Vasiliauskas added that the asset-buying programme was working.

He pointed out that low inflation in the Eurozone's is driven by a decline in energy prices.