- Analytics
- News and Tools
- Market News
- European Central Bank Executive Board Member Peter Praet: more structural reforms needed to be implement in the Eurozone
European Central Bank Executive Board Member Peter Praet: more structural reforms needed to be implement in the Eurozone
European Central Bank (ECB) Executive Board Member Peter Praet said on Monday that more structural reforms needed to be implement in the Eurozone and the monetary policy should create the conditions for sustainable long-run growth.
"The main point I would like to make is as follows. For many euro area countries structural reforms are central to higher long-run growth. And that each economy achieves this is in turn critical to an efficient implementation of monetary policy and, over time, to the integrity of monetary union. But there is no "one size fits all" model for how countries should go about tackling structural challenges," he noted.
"Structural reforms can raise long-run growth in two ways: by raising the trend of long-term growth, and by reducing the fluctuations around that trend," Praet added.
© 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
