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Transcripts For DW Business 20191024 13:45:00

His companys products for the countrys 5 g. Infrastructure. Stuck in the middle of serbia vows to boost economic ties with russia while it also strives to become part of the e. U. This is business as usual on the w. As in the berlin wall come and we start in europe after 8 years at the helm of the e. C. B. Maria druggy held his final policy meeting his famous 2012 statement whatever it takes to preserve the euro at the height of the countys own financial crisis will go down in history fall as successes leaves behind a divided governing council last month a 3rd of its members oppose his move to restart a quantity of Easing Printing Money to buy bonds from governments and companies as a way of stabilizing the euro zone. His final Press Conference that ended just minutes ago he was asked by a reporter what kind of advice he has for his successor Christine Lagarde is what he had to say. No advice is the she knows perfectly well what she has to do and by the way she has a long period of tim

Transcripts for DW Business 20191024 13:47:00

know mario draghi has really taken monetary policy to the edge of what s possible and there are definite questions about that there are a lot of discussions about things like raising the limit of bonds that. the e.c.b. could by cutting rates even lower but even in the press conference today and he was sort of discussing how there s a diminishing return as you get lower and lower and policy here she is also going to focus much like druggy has on the capacity for fiscal easing or for fiscal policy and countries like germany we ve heard her speak about that many times. over there in fund food in the far from national circle circles what s the overall verdict about the drug used to. good b.c.b. books it s certainly a mixed mixed assessment here as you sort of mentioned he s widely credited with saving the euro for sort of bringing the european project back from the thing brink of collapse he s mentioned making creating 11000000 jobs over the course of these 8

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