1 julho 2021
Italy's PM Draghi: Euro area inflation remains low, necessitating accommodative monetary policy
- This may not be the case in future if inflation expectations exceed ECB's target on sustained basis
- EU must consider how to allow all member states to issue safe debt to stabilise their economies
- Discussion on the reform of stability pact is ideal opportunity to do this
- Expects European Commission to hike its growth forecast for Italy and EU as whole