The European Central Bank (ECB) Governing Council member Vitas Vasiliauskas said in an interview with The Wall Street Journal on Wednesday that the central bank should wait at least until autumn before considering new stimulus measures.

"If there will be no need, we will do nothing," he said.

Vasiliauskas noted that inflation in the Eurozone was lower than expected, but added that inflation would be in positive territory by the end of the year.