Looks like the ECB are singing from the same hymn sheet
- Other channels are needed to boost investment
- Second European debt crisis is hopefully behind us
- Constant changes in policies discourage investment
Three in a row for mentioning that monetary policy won't fix everything. That's a big statement. It's always a theme for Draghi at the pressers but the fact that so far the first three members out on the wires have mentioned it also suggests that the ECB wants to drive a point home
That point is to say to leaders that QE is only going to get Europe so far and it's up to governments to get off their arses and do more. They might as well go and say that to the nearest brick wall though
