- Michael Hüther in The ECB and Its Watchers ·
- Interview ·
- 16. Mär 2015
What ECB Watchers say about the current Monetary: Policy Challenges
The ECB’s large scale asset purchases are necessary for preventing deflationary dynamics, says Michael Hüther, director of Cologne Institute for Economic Research. They are, however, no substitutes for structural reforms in the Eurozone economies.