According to European Central Bank (ECB) President Mario Draghi, the bank is now ready to begin fresh action to aid the euro zone economy but does not yet have a concrete plan in place. “The level of preparedness is pretty high on all (policy options),” Draghi said, before later adding: “Which instruments would we deploy against which contingency? We haven’t really done any reflection on that.”
European Central Bank Unsure How to Proceed
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