Brussels, 28/05/2014 (Agence Europe) - On Tuesday 27 May, the head of the European Central Bank, Mario Draghi, rejected the idea mooted by a number of economists, including Nobel Prize Winner for Economics Paul Krugman, that the ECB's inflation target should be higher.
At a forum organised by the ECB in Sintra, Portugal, Draghi said he did not even want to think about what a rise in the inflation target would mean for Germany.
The German central bank is hostile to expansionist monetary...