25 Sep 2014
ECB's Draghi: Euro source of stability amid geopolitical risks
FXStreet (Łódź) - The ECB head suggests that the euro could be the source of stability amid current geopolitical tensions.
• Lithuania's decision to adopt the euro suggests the currency is attractive.
• Developments in Baltic States prove that reforms are possible without devaluation.
• If inflation target was at risk, further unconventional policy tools could be used.
• "We stand ready to alter size or composition of our unconventional interventions."
• Lithuania's decision to adopt the euro suggests the currency is attractive.
• Developments in Baltic States prove that reforms are possible without devaluation.
• If inflation target was at risk, further unconventional policy tools could be used.
• "We stand ready to alter size or composition of our unconventional interventions."