Praet in Heidelberg

  • Countries must step up efforts to support the euro
  • Sound economic policies are indispensable to unlocking the sources of employment and growth in Economic and Monetary Union.
  • Full speech

Nothing market moving.

"Unconventional policies have been complicated to implement and to communicate. But they have been effective in enhancing our ability to deliver on our price stability mandate," he said. "Member States need to live up to their joint responsibility for the stability of the euro area and step up their efforts to conduct fiscal and economic policies in a way that supports the smooth functioning of monetary union."