ECB's Preaet: It's vital that fiscal authorities re-balance towards more growth-friendly policies

ECB's executive board member Peter Praet was on the wires last minutes, via Reuters, saying that the central bank will keep accommodative measures in place until output growth and inflation are back on sustainable paths.

Key headlines (via Reuters)

• The ECB will continue to use appropriate measures available in our mandate to achieve our inflation objective
• It is vital that fiscal authorities re-balance towards more growth-friendly policies