FXStreet (Bali) - ECB's executive board member Lautenschlager, crossed the wires over the weekend, noting that Eurozone countries still face very large domestic vulnerabilities related to the high stocks of debt, both public and private, and to a large number of structural rigidities.
Additional headlines
Monetary policy can not carry the burden alone
Govts must undertake reforms while loose monetary policy buys them time
Our main concern is that across euro areas domestic vulnerabilities are still very large which implies a limited ability to withstand adverse external shocks and to kick start a new phase of sustainable growth
For more information, read our latest forex news.
No comments:
Post a Comment