eurozone deflation

Lagarde and Draghi

Lagarde and Draghi: train crash at Davos

MADRID | By Julia Pastor | Christine Lagarde, Managing Director of the International Monetary Fund  and Mario Draghi ECB’s president were in the same Davos panel on Saturday. Both talked about signs of recovery across the world and the euro zone. However, as she said that deflation potential risks in the euro zone must not be ignored, he minimized danger and insisted once more that the bank is prepared to deploy a QE’s policy if deflation appeared.