The European Central Bank (ECB) President Mario Draghi said in a press conference on Thursday:

• New stimulus measures would help to boost inflation and to support the economic recovery in the Eurozone;
  
• Interest rate would remain at low levels for an extended period of time, and as well past the horizon of net asset purchases;
  
• Negative inflation was unavoidable over the next few months, driven by low oil prices;
  
• The Eurozone's economy expanded weaker than expected at the beginning of this year;
  
• The economy is expected to continue to grow moderately;
  
• Low oil prices should lift up domestic demand;
  
• The slowdown in the global economy and geopolitical risks are the downside risks to the outlook;
  
• Effective structural and fiscal policies should be implemented by government to support the monetary policy.