Bloomberg News

Draghi Says ECB Will Ensure Financial Stability Within Remits

January 16, 2012

Jan. 16 (Bloomberg) -- European Central Bank President Mario Draghi said the bank will do what is needed to ensure financial stability in the euro area as long as it doesn’t violate its founding principles.

“The ECB, within the primary remit of price stability and within the remits of the Treaty will do whatever it takes to assure financial stability,” Draghi told lawmakers in Strasbourg, France, today.

To contact the editor responsible for this story: Gabi Thesing at gthesing@bloomberg.net


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