Mercoledì, 26 Settembre 2018
BERLIN

European Central Bank 'committed to price stability'

English
© ANSA

Berlin, February 27 - There are strict limits to
what the European Central Bank can achieve with its monetary
policy, and national governments must also play their part,
European Central Bank president Mario Draghi said Wednesday.
"The mandate of the ECB has defined limits. We cannot
repair unsound budgets. We cannot clean up troubled banks. We
cannot solve deep-rooted problems in the structure of Europe's
economies," Draghi said during a speech in Munich.
Instead, he called on governments to do more to implement
structural reforms aimed at boosting their economies toward
their full potential.
That is a very important step towards "the crucial
challenge" of reducing unemployment, he said.
Draghi also maintained the ECB has acted "to ensure price
stability".

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