ECB's Draghi: Risks to Eurozone economic recovery remain to the downside

FXStreet (Łódź) - President Draghi suggests that the new stimulus program should help get inflation back to the central bank's long-term target.

• The Governing Council unanimously agrees to implementing additional unconventional measures if needed.

• Draghi signals the inflation remains subdued in the Eurozone and unemployment remains elevated.
• Inflationary expectations are no longer firmly anchored.

• Growth momentum is weakening.

• Credit supply growth is weak as well.

• Eurozone Member States should continue implementing reforms in order to prop up the recovery.

• Risks remain to the downside.