The worst of the Eurozone crisis is over, European Central Bank President Mario Draghi reportedly said in an interview released on Thursday. "But there are still risks."
If inflation risks rise, the ECB will act immediately, the central bank chief told German daily Bild Zeitung.
The ECB hasn't had to buy sovereign bonds for weeks, suggesting that investor confidence is returning, he said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.