Content available also available on mobile
m.interia.pl , and applications for iOS and Android
Saturday, January 3 (7:00)
This article can also be read in a mobile version “
The head of the European Central Bank (ECB), Mario Draghi, in an interview with the German newspaper “Handelsblatt” announced yesterday to continue the policy of low interest rates to stimulate the economy and maintain stable prices.
– Interest have long been very, very low and will remain (at this level), probably for a long time – said Draghi. He explained that the ECB keeps interest at a low level to “stimulate the economy and maintain price stability”.
Draghi urged heads of European countries for the implementation of structural reforms.
– The weakness of reform, the tax burden of bureaucracy and impede the healing process in Europe – he explained. The tax burden in Europe are in his opinion, the biggest in the world. This is a serious flaw in competition with others. He noted that all euro area countries must increase efforts, including Germany.
ECB chief calls for more spending on investments, primarily for research, education and the digital agenda. – Other expenses, taxes should be reduced – he stressed. Draghi defends its bond buying plans.
In the euro area is still there – in his opinion – the risk of entry into a spiral of declining prices, making it difficult to debt relief, will adversely affect consumer sentiment and hamper investment companies. Draghi signaled that the ECB may soon start buying up government bonds. – The risk that it will fulfill our task of maintaining price stability is greater than six months ago – he said.
The ECB conducted technical preparations to “at the beginning of 2015. Change the tempo and the moves, if it becomes necessary to respond to the long period of very low inflation” – said in an interview with “Handelsblatt”.
ws decision. Run the asset purchase program (QE) may be taken already January 22 .
Source of information: PAP / INTERIA.PL
No comments:
Post a Comment