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Image header Agence Europe
Europe Daily Bulletin No. 10589
ECONOMY - FINANCE - BUSINESS / (ae) ecb

Draghi says reforms must continue during market respite

Brussels, 04/04/2012 (Agence Europe) - The European Central Bank wants member states and banks to take advantage of the relative calm on the money markets since the ECB's LTRO (injection of cash) so that member states can apply the budget pact and keep up the momentum of their structural reforms, and the banks can deleverage and recapitalise. Speaking after the Governing Council meeting at the bank on Wednesday 4 April, the ECB president Mario Draghi said both of the banks' long-term...

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