Further comments by de Guindos
- ECB won't reach limits on QE program 'shortly'
- Fully aware that ECB policy has created side effects
As I always say, one of the more telling signs of an economy on the brink of a recession or at least headed towards one is how often policymakers or lawmakers talk about it.
Case in point. A recession may not befall the euro area next year but almost zero growth in itself is still pretty bad. Not to mention flagging inflationary pressures too.