ECB chief economist speaking to L'Opinion 21 Sept

  • labour market is worst problem

On Germany:

  • Germany may get debt under 60%/GDP faster than expected

Praet doing his best to foster Franco-German relations.

On the ECB:

  • ECB will retain very high degree of monetary support
  • banks must adapt to negative interest rates
  • not "excessively pessimistic" on neg rate duration

Nothing new here.