Comments from Coeure in La Croix
- ECB does not intend to counter market volatility in short term
- Eurozone economy is recovering
- Will not allow excessive fluctuations in markets to threaten objective of prices stability in medium term
- Refuses to address Grexit possibility
- Euro no longer in danger the way it was three years ago
- Full text of the interview
Bur Monsieur Coeure, if the ECB is front-loading QE purchases, wouldn't that necessarily counteract the Bund selloff?