ECB press conference: Risks to outlook remain on the downside

FXStreet (Łódź) - “Risks to the Eurozone growth outlook continue to be on the downside” Draghi continues in his prepared comments.

• The funding situation of banks has been improving since the second half of 2012.

• Banking union should be established as soon as possible to “help to restore confidence in the financial system”

• Draghi also urges EU national governments to continue implementing structural reforms to boost growth and employment.