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- ECB Draghi: Inflation expectations remain firmly restrained
ECB Draghi: Inflation expectations remain firmly restrained
Inflation is expected to fall below 2% during 2013
The basic rate of monetary growth remains subdued
Inflation rates have decreased in recent years, as expected
The weakness of the euro zone economy is expected to continue in the coming year
Balance correction, stable uncertainty will put pressure on economic activity
The growth in global demand, the soft policy of the ECB will support economic growth
Governments need to reduce the budget, structural imbalances
We will continue the implementation of direct monetary operations (MRO), as is necessary
MRO will be carried out at least until July 9, 2013
Weak economic activity is expected to continue into next year
Financial market confidence was strengthened
Stronger external demand should support export growth
ECB experts expect that GDP growth in 2012 will be between -0.6% and -0.4%
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