We will have to phase them out once the rationale for these measures fades away and the situation normalises. The Governing Council of the ECB considers that it would be premature to declare the crisis over. Now is not the time to exit. However, at some point in time exit strategies will have to be implemented.
The final report is scheduled for the G20 Presidency in 2020. Seite 9 von 13  Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511 or 3512, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. real economy.