Once again, Draghi talks big when he's at the ECB but he doesn't have the nuts when he's in parliament

Here are some parts of his last governing council statement;

"However, economic growth in the euro area is expected to be dampened by a sluggish pace of implementation of structural reforms"

"Monetary policy is focused on maintaining price stability over the medium term and its accommodative stance supports economic activity. In order to reap the full benefits from our monetary policy measures, other policy areas must contribute much more decisively, both at the national and at the European level. The implementation of structural reforms needs to be substantially stepped up to increase resilience, reduce structural unemployment and boost investment, productivity and potential output growth in the euro area. Structural reforms are necessary in all euro area countries. In particular, reforms are needed to improve the business environment, including the provision of an adequate public infrastructure. In addition, the enhancement of current investment initiatives, progress on the capital markets union and reforms that will improve the resolution of non-performing loans, are a priority"

"it is essential that all countries intensify efforts towards achieving a more growth-friendly composition of fiscal policies."

You'll agree, that's quite a bit on the subject and he repeats it every meeting.

So, he's up in front of the very people he needs to tell all that to their faces, that they need to up their game and this is what he says;

"The euro area's resilience in 2016 despite a range of negative shocks shows that we are on the right track. It also suggests that reforms at national and European level are paying off in terms of economic growth."

What a crock of sh!t.

Draghi, you're a bottle job.

Mario Draghi