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Germany’s Merkel praises ECB’s accommodative policy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    German chancellor Angela Merkel, while speaking at the press conference after meeting Portuguese PM Costa, called the ECB’s ultra easy policy as favorable for Eurozone economic growth.

    Merkel also said low oil prices are also helping the economy. Meanwhile, PM Costa said the Portuguese budget is responsible and the economic policies stick to the EU rules.
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