22nd Oct 2016


ECB needs help from states, says Draghi

European Central Bank president Mario Draghi on Monday called on eurozone governments to help him boost the economy. Speaking at an EU parliament hearing, he said that it was "quite clear that other policies should complement action" by the ECB. He added that the bank's action alone was “not enough" and that its low-interest policy would have "side effects that especially affect financial stability" if it lasts too long.

News in Brief

  1. Canada and Wallonia end talks without Ceta deal
  2. Juncker hopes for Canada accord in 'next few days'
  3. Romania drops opposition to Ceta
  4. Difficulties remain on Ceta deal, says Walloon leader
  5. Brexit could lead to 'some civil unrest' in Northern Ireland
  6. ECB holds rates and continues quantitive easing programme
  7. Support for Danish People's Party drops, poll
  8. Spain's highest court overturns Catalan ban on bullfighting

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