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‘We have to address some euro design flaws’ – ECB chief economist in interview
The European Central Bank (ECB) may be poised to take decisive action against low inflation rates in the euro area.
Ahead of an executive meeting in June, ECB President Mario Draghi, has warned that the body will not allow interest rates to remain too low for too long.
Combined with credit constraints, low interest rates have been identified as a risk to the eurozone’s fragile recovery.
Euronews spoke to Peter Praet, chief economist at the ECB, about eurozone monetary policy, consumer confi…
READ MORE : http://www.euronews.com/2014/05/28/we-have-to-address-some-euro-design-flaws-ecb-s-chief-economist-tells-euronews
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