European Central Bank President Draghi interview in Bild (German newspaper) - Bloomberg with the headlines

  • Says investor confidence 'not fully restored'
  • Low interest policy working, need patience
  • Says high inflation in 90s ate up real income
  • Rates will rise when economy grows again
  • Underscores independence of ECB
  • Says low inflation balances out low interest rates
  • Says euro region reforms moving too slowly
  • Says Germans have options other than passbooks
  • ECB obeys laws, not politicians
  • Would welcome debating low interest policy in Bundestag
  • Britain will lose all benefits internal mkt if they leave
  • Nationalism, isolationism on rise
  • Greece needs economic growth most of all
  • Urges German savers to change the way they invest

Well, that's nice. A special guest appearance on the terminals from Draghi during the Asian time zone!