ECB press conference: OMT is ready to be activated if an when it is needed

FXStreet (Łódź) - Draghi reiterates that the OMT program is ready to be activated should the need arise and that it falls within the ECB's mandate.

• Eurozone national governments' “fiscal strategies should be growth friendly.”

• “One copes with structural unemployment through structural reforms.”

• “It is important to restore trust in EU banks' balance sheets.”

• “The Single Resolution Mechanism should be able to make quick decisions.”