Eurogroup head speaking in Dutch Parliament
Accommodative ECB policy can be phased out
It's up to the ECB to decide the timeframe and way they phase it out
Sees risks and disadvantages to current policy measures
Risks include rise of asset prices and the continuation of businesses that are no longer profitable
Phasing out accommodative mon pol is a new endeavour and it's important that the IMF has sufficient strength to support countries if needed
Not exactly calling for the immediate end of the ECB's current path of mon pol, and a bit of cheek to prod the IMF saying they need to be a pillar of support.
