Potential ECB policies ‘will complement each other’

Vitor Constancio said any policies announced by the ECB in June will complement each other.

“If a set of measures is taken — it’s still to be decided next week — they will all go into the same direction,” the ECB’s vice president said yesterday after the bank published its Financial Stability Review.

“The greatest concern we have as a central bank is indeed the possibility, the risk, that a prolonged period of low growth and inflation will create all kinds of risks.”