Press Release - Europe’s economic recovery: challenges and opportunities for the banking sector - Remarks by Peter Praet, Member of the Executive Board of the ECB, at the Association of Banks in Bulgaria - Sofia, 24 May 2017
Europe’s economic recovery
Since June 2014, the ECB has introduced a range of unconventional measures, alongside our conventional ones, in pursuit of its price stability objective. Together, these measures have proved to be extremely effective in preventing a period of disinflation from spiralling into one of deflation.