One message that’s not getting through to Europe’s member states.
- ECB doesn’t see deflation in Euro area, has reached lower bound on rates
- Euro area faces structurally low growth rates
- Says ECB bank review doesn’t solve structural problems
Again, I’m not reading a tone of overall agreement that the rest of his ECB chums portray. We know the German stance but after the recent accusations thrown at Draghi I would have been looking for all of them to show a united front, unless there are real problems brewing underneath the surface.
