- Analytics
- News and Tools
- Market News
- European Central Bank President Mario Draghi: an economic recovery is taking hold in the Eurozone
European Central Bank President Mario Draghi: an economic recovery is taking hold in the Eurozone
The European Central Bank President Mario Draghi said in a speech to a finance conference in Frankfurt on Monday that an economic recovery is taking hold in the Eurozone thanks in part to the central bank's quantitative easing. He urged governments to implement reforms that would improve the Eurozone's long-term growth prospects.
"Confidence among firms and consumers is rising. Growth forecasts have been revised upwards. And bank lending is improving on both the demand and supply sides," he added.
Mr Draghi noted that the Eurozone's economy benefited from lower oil prices and a revival in bank lending.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
