“Without investment there is no sustainable recovery” said European Central Bank President  at Eurofi financial forum dinner adding that “If we fail to boost investments, we will weaken the economy in the short term and will jeopardize the long-term prospects,”.

Also, Mr, Draghi stressed that “No monetary or fiscal stimulus can be successful if not accompanied by the right structural policies” and referred in details to the importance of investments clarifying that due to the crisis, investments decreased by 20% and thus “we will not see a sustainable recovery unless this changes”.

The president of the European Central Bank highlighted that a rise in investments is essential to bring inflation to more appropriate levels, to boost economy and to bring down unemployment.

Mr. Draghi also welcomed the decision of the new president of the European Commission, Jean-Claude Juncker, to announce a three-hundred billion investment package to boost growth and employment.