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ECB ready to be 'pillar of stability' amid ongoing uncertainty

Tuesday, November 29, 2016 - 05:50
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"My biggest fear is that in a year's time the political map of Europe might look different," Mr Stournaras said. "I think this kind of monetary policy (the ECB's stimulus-type policy) will continue."
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Frankfurt

THE European Central Bank is readying itself to again underpin the euro area's cohesion if needed, according to Governing Council member Yannis Stournaras.

As policy makers prepare to debate the future of their asset-purchase programme on Dec 8, they're faced with an