ECB’s Constancio: Monetary policy will have to remain very accommodative

ECB Vice-President Constancio is reportedly making a scheduled speech on ‘Economic Recovery and the New Phase of Monetary Policy’ in Frankfurt, with the key headlines via Reuters found below.

We are not yet fulfilling our mandate and that is why mon pol will have to remain very accommodative.

We are not yet fulfilling our mandate and that is why mon pol will have to remain very accommodative.

EZ economic recovery broad-based, robust, resilient.

Financial stability risks seem contained.

Business confidence at decade highs.