ECB Governing Council member Yannis Stournaras said that the ECB is currently in a “good position” but must be prepared to adjust the direction of monetary policy at any time if necessary. The Greek official told Econostream Media, “We must maintain policy flexibility and be prepared to adjust the direction of policy interest rates at any time. If the actual situation is better or weaker than expected, we will act accordingly.”

ECB Governing Council member Yannis Stournaras said that the ECB is currently in a “good position” but must be prepared to adjust the direction of monetary policy at any time if necessary. The Greek official told Econostream Media, “We must maintain policy flexibility and be prepared to adjust the direction of policy interest rates at any time. If the actual situation is better or weaker than expected, we will act accordingly.”