The euro is becoming weaker and weaker. Did you encourage this currency depreciation to bring down the price of European exports? Draghi: The exchange rate is not an ECB policy target, even if the exchange rate is important for price stability and growth. The recovery is weaker and unemployment is higher than expected a few months ago.
This comprehensive and quick implementation is important, including for the confidence of our fellow citizens. 5. So the idea of European bonds doesn’t attract you? Some people are convinced that in the current circumstances we need to consider the most innovative and ambitious solutions.