Wednesday, April 15, 2015

Draghi: ahead with Qe to the end. Moments of fear for the blitz … – Il Sole 24 Ore

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This article was published April 15, 2015 at 14:47.
The last change is the April 15, 2015 at 17:12.

Conference with a twist for the ECB president. Mario Draghi was attacked by a protester movement Femen, who threw confetti and asked to “stop the dictatorship of the ECB.” The press conference was interrupted for a few minutes, then resumed. The young protester was immediately taken away by security men. Draghi, not shaken by the episode, he resumed saying, “We continue from where I stopped.” The president went on to explain that “the recovery in the eurozone is accelerating, as shown by the most recent indicators, and risks have become more balanced.”

Activist already known to the police
It would Josephine Witt activist Femen, which interrupted the press conference of ECB President Mario Draghi. Writes the tabloid Bild, which recalls how the same 21 year old in 2013 had interrupted the Christmas Mass in the cathedral of Cologne, showing her bare breasts. The identity and political affiliation of the young – who was wearing a black T-shirt that read “End the Ecb Tatorship-Dick ‘- has not been confirmed officially. But the police said that it is a 21-year old political activist in Hamburg.

Blockupy and the previous March
In March movement Blockupy had already targeted the ECB, creating unrest in the square at the inauguration of the new headquarters of the bank in Frankfurt. Blockupy is a movement that brings together various associations transactional antagonist eruopee united in protest of austerity policies pursued by the ECB and the European Commission.

The dynamics of aggression
The protester jumped with both feet on the desk where he habitually sitting President and ECB, shouting slogans against the Eurotower, the threw him a bag of confetti. Draghi tried to protect themselves with their hands while the bodyguards blocked the protester and away and did “shield” to Draghi himself. To access the briefing of the ECB must have a credit of a newspaper (radio, TV, newspaper or agency): “We need to investigate how it came, had not credited as a journalist. We are doing the checks, “said a spokesman for the ECB.

Dragons expected sustained increase in inflation
Returning to the press conference, Draghi said that the purchases of securities will to a “sustained increase in inflation.” The “our monetary policy measures,” adds Dragons, “will help inflation to rise close to but below 2%.”
“Based on the information available – adds Dragons – and future oil prices, inflation will remain very low or even negative in the coming months. Helped by the favorable impact of monetary policy on aggregate demand, the weakening of the euro and rising budgeted oil prices in the coming years. Inflation rates are expected to rise instead of the end of 2015 and further increased in 2016 and 2017 “.



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