Comments out a short while ago in addition to those that Ryan posted here

Not the first time we've heard that from the ECB recently and adding to the feeling that further QE is not far from their discussions

  • says Greek programme "absolutely necessary" but "extremely painful"

For whom exactly Benoit?

  • has the impression that inflation differentials between Eurozone states will narrow

And it won't be because CPI or PPI is rising any time soon

EURUSD has found fresh demand into 1.1420 with EURGBP and EURJPY demand helping to prop it up

Benoit Coeure - ECB ready to extend QE if needed