Clearly, financial markets can help to meet this goal, by increasing the capital channeled to these projects. In particular, with financing requirements significantly exceeding the resources available through the banking and corporate sectors, the need for a major role of bond markets is underlined.
In the opinion of the ECB Governing Council the outlook for price developments in the medium term remains characterised by upside risks. Is the ECB happy with its current target for inflation, or is still there room to revise the definition of price stability?