Draghi sees an opportunity for economic reforms

18 Oct 2017 11:05 AM

Mario Draghi, Governor of the European Central Bank, made the following statement:

  • The easing monetary policy allows the euro zone governments an opportunity to enact reforms to boost growth once interest rates are raised.
  • There is no convincing evidence that higher interest rates will lead to further reforms.
  • It is likely to be true that lower interest rates tend to promote economic reforms.

Tags: ECB Draghi

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