The Prime Minister of Italy, Mario Draghi, noted Thursday that inflation within the Eurozone remains low, which requires an accommodative monetary policy, as reported by Reuters. “This may not be the case in the future if inflation expectations exceed the target of the European Central Bank on a firm basis,” he added.
Draghi claimed that the European Union must consider how to allow all member states to issue secure debt to stabilize their economies. I declare that the debate on the reform of the stability pact “is the ideal opportunity to do it.”
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