WASHINGTON, D.C.: European Central Bank President Mario Draghi said on Thursday (Friday in Manila) that the bank’s massive stimulus for the eurozone will remain in force “as long as needed” to stabilize prices.
Draghi, in a speech at an International Monetary Fund forum, outlined the steps the ECB has taken to achieve its mandate of medium-term price stability as the eurozone slipped into weak growth and deflationary risks rose.
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