We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then. Mario Draghi More Quotes by Mario Draghi More Quotes From Mario Draghi This is by no means the end of our challenges, and a cyclical recovery alone does not solve all of Europe’s problems, it does not eliminate the debt overhang that affects parts of the Union. It does not eliminate the high level of structural unemployment that haunts too many countries. And it does not eliminate the need for perfecting the institutional set-up of our monetary union. Mario Draghi business We are in technical preparations to adjust the size, speed and compositions of our measures early 2015, should it become necessary, there is unanimity within the Governing Council on this. Mario Draghi business Not to pursue our mandate would be illegal. Mario Draghi top-news Early next year the governing council will reassess the monetary stimulus achieved and the outlook for price developments, we will also evaluate oil price developments. Mario Draghi money Do we need to have unanimity to proceed on QE or can we have a majority? I think we don't need unanimity. Mario Draghi money Early next year the Governing Council will reassess the monetary stimulus achieved, the expansion of the balance sheet and the outlook for price developments, should it become necessary to further address risks of too prolonged a period of low inflation ... this would imply altering early next year the size, pace and composition of our measures. Mario Draghi most-read-articles The risks surrounding the economic outlook for the euro area are on the downside. Mario Draghi most-read-articles We won't tolerate prolonged deviations from price stability. Mario Draghi most-read-articles Lack of structural reforms raises the specter of permanent economic divergence between members, and insofar as this threatens the essential cohesion of the Union, this has potentially damaging consequences for all. Mario Draghi business Countries need to invest more in other mechanisms to share the cost of shocks, some form of cross-country risk-sharing is essential to help reduce adjustment costs for those countries and prevent recessions from leaving deep and permanent scars. Mario Draghi business We will continue to meet our responsibility -- we will do what we must to raise inflation and inflation expectations as fast as possible, If on its current trajectory our policy is not effective enough to achieve this ... we would step up the pressure and broaden even more the channels through which we intervene. Mario Draghi company-news Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. Believe me, it will be enough. Mario Draghi will me enough believe
