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ECB's leader criticism may be dangerous

ECB's President, Mario Draghi, personal criticism could be dangerous and excessive, Francois Villeroy de Galhau, ECB governing council member, said in El Pais newspaper published today.

ECB's President criticism may impose future barriers

Upon being asked about the German complaints, Francois Villeroy de Galhau pointed that the personal criticism of the ECB President could create future problems.

Furthermore, the ECB governing council member emphasized on the probable financial turbulence that a Brexit could impose on the British nation's economy, mostly on the banking sector, and the European world in general.

Moreover, unless the relevant parties do not find a middle solution to resolve all the issues currently under consideration, nothing could be done and the financial and banking system may enter into tougher conditions.

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Wednesday, 25 May, 2016 / 8:24

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/ecb-s-leader-criticism-may-be-dangerous

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