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Free Talk Corner

Adelina Marini
GC of #ECB decided at today's meeting to keep the main interest rates without change. There is no change either in terms of non-standard monetary policy measures. Next is Mario Draghi's press conference. Stay tuned for live updates
euinsi.de/Cc6T
26 April 2018 14:27
Adelina Marini #Draghi: We continue to expect the interest rates to remain at their present levels for an extended period of time and well past the horizon of the net asset purchases
26 April 2018 14:33
Adelina Marini #Draghi: Real GDP increased by 0.7% quarter on quarter in the 4th quarter in 2017. This resulted in an annual average growth of 2.4% in 2017, the highest since 2007. The latest data suggest a moderation
26 April 2018 14:37
Adelina Marini #Draghi: Risks from global factors, especially threats for tariffs, have become more prominent
26 April 2018 14:39
Adelina Marini #Draghi: The pass-through of monetary policy measures continues to significantly support borrowing conditions for firms and households
26 April 2018 14:42
Adelina Marini #Draghi: Structural reforms in euro area countries needs to be significantly accelerated
26 April 2018 14:43
Adelina Marini #Draghi: Improving the functioning of #EMU remains a priority. GC urges specific and decisive steps to complete the banking union and the capital markets union
26 April 2018 14:45
Adelina Marini #Draghi: We didn't discuss monetary policy per se. All GC members reported on the situation in their own countries
26 April 2018 14:47
Adelina Marini #Draghi: To some extent some declines were unexpected. These declines happened after a period of very strong growth for the euro area. So, normalisation was expected. And then we discussed how to read this normalisation and clearly there is an unexpected component which is mostly due to temporary things, like weather, strikes, Easter
26 April 2018 14:49
Adelina Marini #Draghi's 3 P's are still valid: prudence, patience and persistence
26 April 2018 14:53
Adelina Marini #Draghi: We have to see what the exchange of the so far almost-rhetoric about protectionism will produce. If we have increased tariffs we'll have straight direct effects and they don't seem so far to be substantial. However, we don't know the extent of retaliation yet. And we can't know now what will be the direct effects of potential retaliation
26 April 2018 14:56
Adelina Marini #Draghi: Don't get me wrong, we are concerned with these developments (declines)
26 April 2018 15:00
Adelina Marini #Draghi: The reason why we didn't discuss monetary policy per se is because we have to understand what's happened
26 April 2018 15:04
Adelina Marini Vitor Constancio: Even in Europe we are much less bank-based then we used to be
26 April 2018 15:07
Adelina Marini Constancio: The system has evolved significantly
26 April 2018 15:09
Adelina Marini #Draghi: Yes, the present situation is that #Latvia can't vote until a governor is in place. I think the reputation of the #ECB is pretty good. What's really very important for us is the independence of central bank governors be preserved and be protected. And on this point GC is absolutely compact and in full agreement
26 April 2018 15:12
Adelina Marini Constancio: On #NPLs there is significant progress. The banks are much better capitalised than before
26 April 2018 15:14
Adelina Marini #Draghi: There haven't been many steps in completing the #bankingunion. The decision that leaders took in June 2012 to proceed with the banking union were all decisions that were addressing apparent fragilities of the EMU that were pre-existing of the crisis. So, it's very important, it's overdue progress should be made
26 April 2018 15:19
Adelina Marini #Draghi: There is something we know for sure - their awareness that the #EMU remains fragile
26 April 2018 15:22
Adelina Marini Constancio: Monetary policy in the next few years will not be as decisive as it has been so far
26 April 2018 15:24
Adelina Marini #Draghi to Constancio: You have been a fundamental presence in taking key decisions over the last 6 years
26 April 2018 15:26
 
free talk corner
Adelina Marini
#FAC EU foreign ministers discussed a report by the EU HR for foreign and security policy Federica Mogherini on her visit in #Libya, where the Union re-opened its offices in Tripoli
16 July 2018 15:01
Adelina Marini #FAC #Mogherini on #QMV: We never never in these almost 4 years had a problem with unanimity. I don't exclude in the future this to become a problem but now even on defence we decide with unanimity, even with UK still in. What I can indicate as a problem is the problem of inconsistency. On other issues, yes, indeed
16 July 2018 15:20
Adelina Marini
The #Eurogroup will discuss today the outcome of the European Council in the end of June and in particular the future of the euro area
12 July 2018 14:46
Adelina Marini #Eurogroup Mario Centeno: It's quite impressive the list of commitments Bulgaria has put forward to join both the ERMII and the banking union and it is something worth to praise
12 July 2018 15:01
Adelina Marini
The European Commission is proposing new proposals for a reforms programme for the euro area and a eurozone budget. Stay tuned for live updates
31 May 2018 11:33
Adelina Marini Dombrovskis: Around half of all countries could possibly be benefiting of this stabilisation fund
31 May 2018 12:15
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