Amsterdam, 21/04/2016 (Agence Europe) - On Thursday 21 April, the President of the ECB, Mario Draghi, said that the accommodative monetary policy, which aims to guarantee “price stability and the whole of the Eurozone, not just for Germany”, was starting to pay off.
Following the decisions we made in early March (see EUROPE 11509), “financing conditions in the Eurozone have improved” and the pass-through of the monetary policy stimulus to firms and households, notably through the...