[ad_1]
Mario Draghi, Minister of the European Central Bank (ECB), "Monetary Dialogue" to the Committee on Economic and Financial Affairs of the European Parliament (EP)
[ad_2]
Risks to the Economic Growth Outlook of the Euro Area are balanced, but they are closely followed, "uncertainties related to global factors, including the threat of increased protectionism, become more important".
Draghi pointed out that EU countries should act together during the period of globalization, "Risks geared to the economic vision are essentially related to the threat of increased protectionism" .
Draghi reminds the ECB that at the June meeting he decides to keep interest rates stable, as the net amount of monthly purchases will remain 30 billion euros until the end of September 2018. then 15 billion euros per month by the end of the year.
Draghi pointed out that he supported the plan to establish a deposit insurance in Europe, which would increase depositors' trust in banks.
Draghi said that priority should be given to the development of the European Stabilization Mechanism (ESM), which was set up to provide financial support to euro-zone countries facing financial problems
Source link
