>>> ECB's Draghi: ECB to remain particularly focused on money market development

ECB's Draghi: ECB to remain particularly focused on money market development; net capital inflows and lower excess liquidity reflect the improving confidence of financial markets - Reiterates ECB is prepared to consider using all of its monetary policy instruments. - Public backstops for bank asset quality reviews (AQR) must be in place before ECB concludes its assessment. - Strong efforts to repair bank balance sheets and enhance transparency have already been undertaken in all euro area countries.