ECB chief economist over the wires 1 July
- ECB can use balance sheet capacity during crises
- lower growth prospects are a very serious concern
- health of the banking sector needs key attention
I thought CBs have been crowing from the rooftops about how much better the banks are now nicely shored up with cheap money.
I can't wait to get on that plane to France on Sunday ( strikes permitting!) and get away from all this claptrap.
ECB's Peter Praet - More hot air anyone?
