Bostjan Jazbec speaking in Slovenia
Fiscal policy should support recovery within EU rules
There's a broad agreement about limits to the effectiveness of mon pol
Coherent and integrated policy is needed to foster growth
Rules give little room for meaningful fiscal expansion
ECB improved the policy mix with balance sheet expansion
Concerns are mounting that the Eurozone may fall into a prolonged period of low inflation and low rates
Interest rates have been sub 2% for going on 7 years now. I think the "may fall into" should be the "has fallen into".
