ECB’s Draghi Says Helicopter Money Not Discussed

European Central Bank (ECB) President Mario Draghi said on Thursday that the bank had “never discussed” issuing so-called helicopter money as part of its efforts to bolster the euro zone’s economy.

“We haven’t really thought or talked about it… It’s a very interesting concept … but we haven’t studied it,” he said at his regular media conference, according to Reuters.

The bank maintained its monetary policy on Thursday, after delivering a surprise set of measures last month to boost the euro zone economy.

via CNBC

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, he established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza