News In Brief

Ticker

Draghi hearing 'alleviated concerns' of German MPs

24.10.12 @ 17:13

  1. By EUOBSERVER

A two-hour hearing of ECB chief Mario Draghi in the German Bundestag with 150 deputies present helped "alleviate concerns" and "build trust" in the bank's actions, Parliament president Norbert Lammert said at a press conference afterwards. The Italian banker reassured sceptical MPs the bank's actions are not leading to inflation.