Draghi: no deflation risks and danger ‘unemployment – AGI – Agenzia Journalistic Italy

Draghi: no deflation risks and danger 'unemployment – AGI – Agenzia Journalistic Italy

Economy

September 24, 2014 11:53

(AGI) – Paris, 24 September – The President of the ECB, Mario Draghi does not see a threat of deflation in Europe, while sounding the alarm on unemployment. “The worst enemy for Europe – Draghi said in a radio interview with Europe 1 – and ‘unemployment’, and that ’caused by a” lack of trust within and between countries BVarious states, which must be fought by strengthening investment “public and private. “

In addition, Draghi noted that in ‘ Eurozone there is no” risk of deflation, but only very low inflation. “Draghi added that” Monetary policy will remain ‘accommodating a long time and I can tell you that the Council of Governors of the ECB and’ unanimous commitment to using the tools at its disposal to bring inflation just below 2%. “” The rates of interest – he added – will remain low ’cause they can not get out more’ down. “

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