ECB President Mario Draghi stressed on Monday 26 November the importance for euro area countries to use the current period of growth and accommodative monetary policy to rebuild their fiscal buffer in order to be better able to cope with any downturn in economic conditions.
"Room from our monetary policy should be used to rebuild fiscal buffers" to be mobilised when a new crisis breaks out, Mr Draghi said during a monetary dialogue with the European Parliament's Committee on Economic and...