Thursday, January 12, 2012

ECB/ Draghi

First the ECB left rates unchanged at 1.00%

Draghi Comments:

*DRAGHI SAYS ECONOMIC OUTLOOK FACING SUBSTANTIAL DOWNSIDE RISKS
*DRAGHI SAYS FISCAL CONSOLIDATIONS ARE UNAVOIDABLE
*DRAGHI SAYS FISCAL CONSOLIDATIONS ARE UNAVOIDABLE
*DRAGHI SAYS ECB DIDN'T DISCUSS CUTTING DEPOSIT, MARGINAL RATE

*DRAGHI SAYS ONGOING TENSIONS KEEP DAMPING ECONOMIC ACTIVITY
*DRAGHI SAYS ECB `VERY CONCERNED' ON HUNGARY
*DRAGHI SAYS ECB `VERY CONCERNED' ON HUNGARY

No comments: