BFW 05/30 08:38 *LINDE: JUSTIFIED TO ASK NATIONS WITH SURPLUS TO BOOST DEMAND
BN 05/30 08:32 *ECB GOV COUNCIL MEMBER LINDE COMMENTS AT EVENT IN SITGES, SPAIN
BFW 05/30 08:32 *LINDE: ECB ASSET PURCHASES HELP ADDRESS INFLATION EXPECTATIONS
BFW 05/30 08:11 *CONSTANCIO SAYS ASSET MARKETS ARE NOT GENERALLY OVERVALUED
BFW 05/30 08:10 *CONSTANCIO: ADVANCED ECONOMIES ARE SEEING SECULAR STAGNATION
BFW 05/30 08:05 *CONSTANCIO: MUST STRENGTHEN EURO-AREA MACROPRUDENTIAL FRAMEWORK
BFW 05/30 08:04 *CONSTANCIO: GROWTH CAN'T BE SUSTAINED WITHOUT STRUCTURAL REFORM
BN 05/30 08:02 *ECB VICE PRESIDENT CONSTANCIO COMMENTS AT EVENT IN BARCELONA
BFW 05/30 08:02 *CONSTANCIO SAYS EURO AREA RECOVERY NEED HIGHER INVESTMENT
BN 05/30 08:32 *ECB GOV COUNCIL MEMBER LINDE COMMENTS AT EVENT IN SITGES, SPAIN
BFW 05/30 08:32 *LINDE: ECB ASSET PURCHASES HELP ADDRESS INFLATION EXPECTATIONS
BFW 05/30 08:11 *CONSTANCIO SAYS ASSET MARKETS ARE NOT GENERALLY OVERVALUED
BFW 05/30 08:10 *CONSTANCIO: ADVANCED ECONOMIES ARE SEEING SECULAR STAGNATION
BFW 05/30 08:05 *CONSTANCIO: MUST STRENGTHEN EURO-AREA MACROPRUDENTIAL FRAMEWORK
BFW 05/30 08:04 *CONSTANCIO: GROWTH CAN'T BE SUSTAINED WITHOUT STRUCTURAL REFORM
BN 05/30 08:02 *ECB VICE PRESIDENT CONSTANCIO COMMENTS AT EVENT IN BARCELONA
BFW 05/30 08:02 *CONSTANCIO SAYS EURO AREA RECOVERY NEED HIGHER INVESTMENT
ECB’s Constancio Says Euro-Area Recovery Needs Higher Investment
2015-05-30 08:34:44.601 GMT
By Esteban Duarte
(Bloomberg) -- ECB Vice President Vitor Constancio says at
event in Sitges, Spain, that “the economic recovery in the euro
area is now broader and it is firming itself but still in need
of achieving higher investment to make it more self-sustained.”
* “ECB policies are working and making a significant
contribution to the normalization of economic conditions in
the short term. Let me add that they also help the medium-
term”
* Total factor productivity growth “needs to resume growing
at least at an annual growth pace around 1%, the rate
prevailing at the beginning of the previous decade”
* “This will not be achieved without a continued effort to
implement structural reforms for which monetary policy is
not responsible”
* Long period of low rates may lead to “possible rich asset
valuations” but “to date, no generalised overvaluations in
asset markets have been identified”
* NOTE: ECB Warns of Contagion Risk If Greece Deal Not Reached
Fast
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Esteban Duarte in Madrid at +34-91-700-9606 or
eduarterubia@bloomberg.net
To contact the editors responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net
Paul Gordon
2015-05-30 08:34:44.601 GMT
By Esteban Duarte
(Bloomberg) -- ECB Vice President Vitor Constancio says at
event in Sitges, Spain, that “the economic recovery in the euro
area is now broader and it is firming itself but still in need
of achieving higher investment to make it more self-sustained.”
* “ECB policies are working and making a significant
contribution to the normalization of economic conditions in
the short term. Let me add that they also help the medium-
term”
* Total factor productivity growth “needs to resume growing
at least at an annual growth pace around 1%, the rate
prevailing at the beginning of the previous decade”
* “This will not be achieved without a continued effort to
implement structural reforms for which monetary policy is
not responsible”
* Long period of low rates may lead to “possible rich asset
valuations” but “to date, no generalised overvaluations in
asset markets have been identified”
* NOTE: ECB Warns of Contagion Risk If Greece Deal Not Reached
Fast
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Esteban Duarte in Madrid at +34-91-700-9606 or
eduarterubia@bloomberg.net
To contact the editors responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net
Paul Gordon