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Europe Daily Bulletin No. 10993

10 January 2014
ECONOMY - FINANCE - BUSINESS / (ae) ecb
ECB very willing to draw on its arsenal of instruments if necessary

Brussels, 09/01/2014 (Agence Europe) - The European Central Bank (ECB) remains ever ready to draw on its arsenal of measures to ensure that it successfully carries out its mandate of price stability, its president, Mario Draghi, stressed on Thursday 9 January speaking during a monthly press briefing.

“Two conditions could push us to take action”, Draghi said, and those conditions are an undesired “tightening of money market rates or worsening of inflation outlook”. For now, the ECB...

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GREEK PRESIDENCY
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