ECB chief Draghi: cyclical recovery in the Eurozone should also be supported by effective structural policies - comments in Strasbourg
- reiterates ECB will review and may reconsider policy stance in March
- there are risks that if they were to materialize could undermine course of policy
- growth prospects are slowly improving in advanced economies; outlook for emerging markets is more subdued
- inflation dynamics are tangibly weaker than expected in December
- reiterates that QE measures have been effective
- ensuring resilience of the Eurozone economy is paramount
- anchoring the UK firmly into the EU while allowing Eurozone to integrate further would increase confidence
- reiterates that the Eurozone needs a common deposit insurance scheme