No fixed end to QE – ECB’s Visco

FXStreet (Mumbai) - The European Central Bank (ECB) governing council member Ignazio Visco told a German newspaper today that there is no fixed end to the European Central Bank's (ECB) government bond-buying program.

"There is no fixed end to the program that we have decided on," Visco told German newspaper Handelsblatt in an interview published on Monday. He further added that it is necessary that the Eurozone economies implement their structural reforms and consolidate their budgets.

However, he also cautioned against expecting too much from the ECB. "Mario Draghi is not responsible for everything," he said.