ECB's Draghi: a window of opportunity for economic reforms

Haresh Menghani FXStreet

Here are the key quotes from the ECB President Mario Draghi’s introductory speech on “Structural reforms in the euro area” at the ECB conference, in Frankfurt.

• With monetary policy being accommodative, we now have a window of opportunity to take structural reforms.

• ECB research finds no convincing evidence that high interest rates lead to more reforms.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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