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

• The first operation of new targeted longer-term refinancing operations (TLTRO II) will be conducted in June;
  
• Financing conditions in the Eurozone improved;
  
• The ECB would act if needed to reach 2% inflation target;
  
• The economic growth in the first quarter was driven by domestic demand;
  
• Exports were weak in the first quarter;
  
• Eurozone's economy was expected to continue to recover;
  
• There were still downside risks to the outlook;
  
• Recent stimulus measures should support consumption and investment;
  
• Inflation in the Eurozone could be negative in the coming months before rising in the second half of 2016;
  
• Inflation was expected to recover in 2017 and 2018;
  
• Structural and fiscal policies were needed;
  
• The ECB did not discuss helicopter money;
  
• The ECB was independent, as stated by the law.