ECB’s Villeroy: Europe is recovering but growth not strong enough

In closed meeting to German bundestag on Wednesday, the European Central Bank (ECB) governing council member and Bank of France governor Villeroy cast doubt over the strength of the Eurozone’s economic growth, while adding few comments on Brexit.

Key Quotes:

As long as inflation is too low, as is the case today, we must take action

Wants France to speed up necessary reforms

Of course I don't want a Brexit

Regardless of what Britain decides the Euro zone must push on with integration

The economy in Europe is recovering but growth is not strong enough to convince Eurosceptic