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01.07.2016 11:33 Praet: the ECB's monetary policy works

01.07.2016 11:33

Praet: the ECB's monetary policy works

- the financial sector and liquidity showed a surprisingly high stability.

- ECB policy supports the new borrowing, consumption, investment.

- low interest rates almost no effect on the disposable income of the euro area households.

- low interest rates provide essential support to company's profitability.

- recovering of the eurozone economy is showing signs of strengthening.

- among the uncertainties threatening the euro zone economy can be identified Brexit and weak global economic growth.

- ECB policy may not be the only remedy for the current economic problems, need more actors.

- i would not jump to conclusions regarding Brexit.

- the uncertainty associated with Brexit is a very important aspect.



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