ECB'S Weidmann: Progress On Reduction Of Non-Performing Loans On The Books Of Euro Area Banks Has Been Made, But More Needs To Be Done To Resolve This Issue As Quickly As Possible

WEIDMANN SAYS IS CONVINCED #ECB FINALLY REACHING INFLATION GOAL - BBG
WEIDMANN: IT WILL TAKE `SOME TIME' UNTIL DEPOSIT RATE EXEEDS 0%

ECB'S Weidmann: Even After The Net Purchases Have Come To An End, The Monetary Policy Stance Will Remain Very Accommodative

ECB'S Weidmann: Moving To A Higher Inflation Target Could Jeopardise Stabilisation Gains, Convinced ECB Target Remains Appropriate
- Reaching ECB Inflation Target Has Proven Challenging For Some Time Now, But I Am Convinced That We Are Finally Getting There
Ending The Net Purchases Is Most Likely Just The First Step On A Multi-Year Path Of A Gradual Monetary Policy Normalisation And That’s Precisely Why It Has Been So Important To Actually Get The Ball Rolling