ECB' Lautenschlager: Eurozone countries still face very large domestic vulnerabilities

FXStreet (Bali) - ECB's executive board member Lautenschlager, crossed the wires over the weekend, noting that Eurozone countries still face very large domestic vulnerabilities related to the high stocks of debt, both public and private, and to a large number of structural rigidities.

Additional headlines

Monetary policy can not carry the burden alone

Govts must undertake reforms while loose monetary policy buys them time

Our main concern is that across euro areas domestic vulnerabilities are still very large which implies a limited ability to withstand adverse external shocks and to kick start a new phase of sustainable growth