time credit asked Mario Draghi of the German Parliament
time credit requested by the head of the European Central Bank Mario Draghi by German MPs to be fully effective monetary policy measures implemented.
At the same time called on politicians across the euro area to seize the favorable conjuncture and to reform. As stated in the text of his speech to the German Parliament in Berlin, the ECB has actively intervene to address the risks that appeared in front of price stability.
Simultaneously the ECB unconventional policy measures has implemented contribute to economic growth and employment growth in the eurozone.
But warned that "to reap the full benefits of our monetary policy measures should contribute more decisively and other policies at both national and European level."
For its part, the ECB should be allowed to fully develop the policy applied to this yield. He defended the monetary policy measures taken, stressing that have contributed to the maintenance of price stability, but also to counter the threat of a new Great Depression.
He argued that the ECB's decisions are subject to judicial review.
Referring to the low interest rates, they noted that their conservation for a long time can lead to excessive appreciation in bond and equity markets, as a result of the search for higher returns by investors.
Finally, he assured that at this stage does not show the risk of "overheating" in the euro zone or the German economy.
time credit requested by the head of the European Central Bank Mario Draghi by German MPs to be fully effective monetary policy measures implemented.
At the same time called on politicians across the euro area to seize the favorable conjuncture and to reform. As stated in the text of his speech to the German Parliament in Berlin, the ECB has actively intervene to address the risks that appeared in front of price stability.
Simultaneously the ECB unconventional policy measures has implemented contribute to economic growth and employment growth in the eurozone.
But warned that "to reap the full benefits of our monetary policy measures should contribute more decisively and other policies at both national and European level."
For its part, the ECB should be allowed to fully develop the policy applied to this yield. He defended the monetary policy measures taken, stressing that have contributed to the maintenance of price stability, but also to counter the threat of a new Great Depression.
He argued that the ECB's decisions are subject to judicial review.
Referring to the low interest rates, they noted that their conservation for a long time can lead to excessive appreciation in bond and equity markets, as a result of the search for higher returns by investors.
Finally, he assured that at this stage does not show the risk of "overheating" in the euro zone or the German economy.
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