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Draghi defends ECB's mandate after Bundestag grilling

Wednesday, October 24, 2012 - 00:45

Oct. 24 - European Central Bank President Mario Draghi faced questions from German lawmakers who fear his bond-buying plan to ease the debt crisis could fuel inflation and undermine the ECB's independence.

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The review is not finished yet. I understand this progress is being made. But the some parts need to be defined. And I don't know anything more than that I cannot comment on these rumors. We focused most of the questions. On. The CB options in recent actions cold at all when he outright monetary transactions. And the message that I gave is that. These actions are. -- and foremost in compliance. -- our mandate. Of Billy green price stability. For the whole of the Euro area. In the medium term.

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Draghi defends ECB's mandate after Bundestag grilling

Wednesday, October 24, 2012 - 00:45