The European Central Bank recognizes the reforms carried out by Spain, and encourages him to persevere and to deepen them. This was stated by thePresident of the ECB, Mario Draghi, following a meeting in Barcelona, ​​a meeting which decided to maintain the interest rate in the euro zone to 1%, itslowest point ever. In his appearance after the meeting of the Governing Council, Draghi particularly appreciated the brevity with which you have madechanges in our country, “we must recognize.”

In this line, Draghi expressed “full confidence” in the body that presides overthe reforms’ fiscal and banking “being carried out in Spain. “The country’s record is good,” he summarized. However, as expected, Draghi alternated pat on the back and recognition with a warning about the way forward. In this regard, and even alluded to the whole euro area, Draghi said that “significant progress has been made in fiscal consolidation” must be combined with further reforms. “Several governments have to be more ambitious,” he said.

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