• danger of prolonged low inflation de-anchoring mid-term inflation
  • reviving investment is critical to Eurozone recovery
  • need broad economic policy as well as country-specific reforms
  • priorities are reducing cost of capital. reviving securitization, developing capital markets and infrastructre investment

Reuters reporting expanded comments echoing those by ECB’s Praet that I posted earlier

EURUSD down to 1.2914 on renewed USD buying