Because of the meeting this week.
Booooooo!
He’s now giving a review of the last few years following the debt crisis. ZZZzzzzzz
- Decided to raise rates as energy prices drove up inflation
- Then cut rates as the crisis became more ingrained
Current climate
- Euro zone now clearly moving in right direction. The glass is at least half full
- All measures have been taken to protect price stability
- Inflation remains firmly anchored
- Worst has been averted, much has been achieved in economic policy making
- Economy on a better footing than at start of this parliament
- Program countries undertaken remarkable efforts
- Euro are has become more resilient
- Agreement on SRM must be made by end of legislature
- Promises from governments on bank union must be kept
- Unemployment still remains unacceptably high
- Too early to claim “Mission accomplished”