ECB's Draghi: Governing Council ready to use additional QE instruments

FXStreet (Łódź) - Speaking at the Euro Conference in Vilnius, Lithuania ECB president Mario Draghi suggests that we should see modest growth in the Eurozone in Q2 2014.

• "Economic conditions have been somewhat weaker than expected," he admits.

• Maintaining price-stability is crucial for the ECB.

• "Adjustment is possible even without currency devaluation."

• Draghi urges Eurozone national governments to continue implementing structural reforms in order to strengthen fiscal consolidation.

• Fiscal policies should be aimed at boosting growth.