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Q&A continues: - Q What are the specific........>

ECB
ECB: Q&A continues:
- Q What are the specific signposts GC is looking for to gauge remaining slack?
A: Don't focus too much on slack. Lagarde hunch is that there is still some
slack. Central bankers often get it wrong more often than right.
- Q Can the ECB do something to transmit impulse to Greek banking system and
increase bank lending faster?
A: Purchase programmes subject to eligibility criteria for the benefit of the
whole euro area. As soon as Greece meets these criteria it will become eligible
to those programmes. Until such time, the ECB has to play by the rules

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