ECB’s Yves Mersch in London: Some larger countries slow on reforms

Author: Ryan Littlestone | Category: Central Banks
  • Some bigger countries must speed up reforms
  • Should be aware of their responsibility for the euro zone as a whole
  • Commission should be determined to fight imbalances
  • Euro area is becoming a safer financial place
  • Strongly supports envisaged time line for SRM to become effective in Jan 2015 (not if the Germans have anything to do with it) ;-)
  • Will not be easy to get out of low interest rate policy
  • Just because we are not exiting from easy monetary policy, at the moment, doesn’t mean we are not thinking about it

Speaking at the annual CFA institute European investment conference in London, via RTRS and BBG

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