ECB exec council member on the wires

  • ECB ready and able to play its part in recovery

By "reconsider" he must mean action could be taken in March as per Draghi's presser last time

  • political commitment needed to complete monetary union

Reform, reform, reform continues the ECB mantra

Euro a tad lower still helped down by EURGBP selling on stronger UK mftg PMI

ECB's Coeure - Considering reconsidering in March