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Berlin - The head of the European Central Bank (ECB) is insisting that measures the bank is taking to alleviate the debt crisis can only "build a bridge" to a better future and it's up to governments to take decisive action.
Speaking to an industry conference in Berlin, Mario Draghi on Tuesday underlined the bank's commitment to its mandate of fighting inflation.
The ECB recently unveiled a plan to buy unlimited amounts of government bonds to help lower borrowing costs for struggling countries - a drive that met with scepticism in Germany and is opposed by the country's central bank chief.
Draghi says the ECB acted to address "unfounded fears about the euro area that were affecting our ability to ensure price stability."
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Speaking to an industry conference in Berlin, Mario Draghi on Tuesday underlined the bank's commitment to its mandate of fighting inflation.
The ECB recently unveiled a plan to buy unlimited amounts of government bonds to help lower borrowing costs for struggling countries - a drive that met with scepticism in Germany and is opposed by the country's central bank chief.
Draghi says the ECB acted to address "unfounded fears about the euro area that were affecting our ability to ensure price stability."
*Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.
