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- ECB Asmussen: Prospects for the eurozone economy in the coming months will be weak
ECB Asmussen: Prospects for the eurozone economy in the coming months will be weak
Draghi will outline the development of bond-purchase program at a press conference, ECB
Bond buying program is still under development
The ECB will buy bonds only a short term maturity
The ECB will take an independent decision to purchase bonds
Countries must submit a formal application before the ECB intervenes
The ECB will buy bonds only in parallel with the EFSF / ESM
Standard tools of monetary policy are no longer applicable
ECB true mandate to ensure price stability
Eurozone countries must solve their problems
To give Greece more time - then increase spending
Greece has made progress in reforms
Inflation expectations firmly restrained
Monetary policy does not reach the real economy
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