• 22-JAN-2015

  • SOURCE: EPP TV

EPP Group welcomes ECB's QE programme but warns that reform and fiscal consolidation should continue

Pablo Zalba MEP, Vice-Chairman of the European Parliament's Economic and Monetary Affairs Committee, said today that the expansionary measures adopted by the European Central Bank (ECB) to boost the Eurozone economy are welcome but he warned that the crisis will only end if structural reforms and fiscal consolidation continue, especially in Member States that are suffering from slow economic growth.