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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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