Draghi Says ECB Ready to Act, Exit Still `Distant'

June 26 (Bloomberg) -- European Central Bank President Mario Draghi speaks to lawmakers in the French National Assembly in Paris about monetary policy, the euro area's economy and governments' fiscal policies. (This report contains translation from French. Source: Bloomberg)

Would a Review of Low Interest Rates Help Europe's Banks?
36:50 - Mario Draghi is facing some of his prominent German opponents as lawmakers in Berlin get a rare chance to press him for an eventual end to record-low interest rates in the euro area. Four years after the European Central Bank’s president last met German lower-house members, dissatisfaction about the ECB’s asset-buying program and rate policies runs deep, particularly among Chancellor Angela Merkel’s lawmakers. They’ll have 90 minutes to spar with Draghi in closed session on Wednesday, including over his insistence that Germany’s budget surplus means it has the fiscal space to boost demand. Bank of Cyprus CEO John Hourican discusses the outlook for Europe's banks with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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