May 10, 2017

Dutch parliament grills ECB chief Draghi; Demands shutting down Europes money faucet

On Wednesday afternoon European Central Bank president Mario Draghi is visiting the Tweede Kamer, the lower house of Dutch parliament. He can expect to be met with hostility and demands for the ECB to stop pushing billions of euros into the European economy in an effort to boost growth, NU.nl reports after speaking with numerous parliamentarians.

The Dutch parliamentarians want the ECB to reduce its large debt buying program to a gradual stop. "Sooner rather than later", CDA MP Pieter Omtzigt said. PVV MP Tony van Dijck agrees. "He has to stop it as soon as possible. It's bad policy for the Netherlands." Read more.

NL Times

Related,
Draghi to Face Critical Dutch Lawmakers in Visit to The Hague - Bloomberg
Euro zone economy solid, but too early to declare victory, ECB's Draghi says - Reuters

Tweede Kamer wil dat ECB per direct geldkraan dichtdraait  - NU
Lastige vragen voor ECB-baas Draghi in de Tweede Kamer - NOS

ECB-president blijft rustig tijdens bezoek aan Kamer: 'Ik ben niet ge├»rriteerd, hoor' - Volkskrant

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