"It is now crucial to complete this agenda at the European
and national level," he said in a speech at a conference in Rome
on Tuesday, adding that governments should focus on key reform
priorities: "completing the banking union, implementing
growth-friendly fiscal consolidation, and structural reforms in
labor and product markets".
Draghi said the ECB had to keep public trust by sticking to its
mandate of delivering price stability and dismissed concern that
low inflation threatened to pitch Europe into a Japanese-style
deflationary cycle.
(Reporting by James Mackenzie; editing by Danilo Masoni)
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