Key highlights from ECB President Mario Draghi's speech, given in response to receiving an honorary doctorate from the University of Tel Aviv:
- The recovery in the euro area is resilient and is increasingly broad-based across countries and sectors
- Domestic demand, supported by the ECB’s monetary policy, is the mainstay of that recovery
- Five million more people are employed now than were in 2013, and unemployment though still too high is at an eight-year low
- The institutional architecture of the Economic and Monetary Union remains incomplete in a number of aspects
- The crisis has exposed structural weaknesses in our construction and has forced us to address them.
- The repair has started with the creation of the banking union.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.