Comments by ECB governing council member, Ardo Hansson

  • QE could be restarted in the event of a major shock
  • Expects TLTRO-3 terms to be 'a bit less generous'
  • Tiered deposit rate hasn't really been discussed

A bit of a dovish take there by Hansson, especially on that QE comment. That said, it's nothing too alarming for the time being. Let's see how Eurozone economic data will evolve in the coming months before delivering the verdict.