ECB’s Kazimir: EU fiscal response to crisis inadequate

The European Union (EU) fiscal response to the crisis is inadequate, the European Central Bank (ECB) Governing Council member and Slovak central bank chief Peter Kazimir said on Tuesday, adding that the Eurogroup is not matching ECB’s efforts.

Kazimir, however, said that he is not opposed to PEPP increase but the decision should be based on granular data.

More comments

“European Court of Justice (ECJ) has sole authority over ECB’s actions.“

“No urgency in increasing pandemic purchases; must first examine how easing of lockdown measures impact economy.”