FORECASTS
Milan , June 15, 2015 – 15:50
The recovery” proceeding at a moderate pace “but” should expand “and” projections “are for growth ‘of 1.5% in 2015, 1.8% in 2016 and 2.0% in 2017″. This was stated by the President of the European Central Bank, Mario Draghi, in his opening speech at the hearing before the Commission financial statement of the European Parliament. With regard to inflation, “in the coming months we expect we remain low before rising again at the end of year” in a more ‘decided. In any case it converges’ ‘gradually’ Camera of the ECB. ” After 0.3% in June, inflation will stand according to experts at 1.5% in 2016 and 1.8% in 2017.
The Greek question
The ECB is doing “everything we can” to facilitate an agreement between Greece and the Eurogroup and a “successful conclusion” of negotiations, said Draghi. Draghi said that the ECB “continues to support Greek banks to enable them to continue financing the economy” and that the emergency liquidity supplied them so far amounted to 118 million euro, “more than double than what was at the end of 2014 ». “Such a figure,” recalled Dragons, “it is equal to 66% of GDP greek, the highest share in proportion to GDP than any other eurozone country” and that the Governing Council “did not object to further increase of emergency liquidity provided through the mechanism Ela “. “The ECB will continue to provide liquidity to Greek banks until the latter will be solvent and have sufficient collateral,” said the president of the Eurotower, “the decision to be terminated or not the revision of the assistance program under way and shell out the tranche the remaining loan is entirely up to the Eurogroup, it is a political decision. ” “We need very quickly to a strong and comprehensive agreement with Greece,” concluded Dragons, “which means an agreement that delivers growth and social equity as well as fiscal sustainability and a return to competitiveness”.
June 15, 2015 | 15 : 50
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