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ECB’s Vasiliauskas: Had reservations about stimulus but deal is good

European Central Bank policymaker Vitas Vasiliauskas said he had reservations about providing too much extra stimulus for the euro zone economy but considered the agreement the central bank reached on Thursday as good and positive.

Speaking to reporters on Friday, he said he also had concerns about the ECB’s rather downbeat assessment of risk, since there were several positive factors on the horizon.

“My position was that we need to shoot selectively rather than with a machine gun, without care,” Vasiliauskas said.
Source: Reuters (Reporting by Andrius Sytas; Editing by Hugh Lawson)

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