ECB's Draghi: ECB is doing everything to restore inflation to the right level - press interview
- We are well aware of the situation for savers
- There are alternatives in investing savings
- A polite and constructive debate is actually welcome and helps us to explain our policies.
- One thing is clear: the ECB obeys the law, not the politicians.
- Any perception that the ECBs independence is under attack can unsettle businesses and consumers
- ECB policy is working, but we must be patient; investor confidence has not yet been fully restored
- Interest rates will rise again when the economy is growing more strongly again and inflation rises closer to our objective. Low interest rates today will lead to higher rates tomorrow.
- The majority of governments are acting, albeit too slowly for my personal taste. All of them would be well advised to do more. But that is not primarily dependent on the ECB and its policies.
- Greece's challenges have little to do with the euro.