Mario Draghi Says Monetary Policy Is Working

The video discusses the evolving economic environment and the need for new instruments and adaptation. It highlights the importance of communication in policy-making and the role of meetings in facilitating feedback. The effectiveness of monetary policy in enhancing the euro area's economic resilience is emphasized, along with the progress of recovery and the risks involved. Despite challenges, recent improvements in GDP growth and employment are noted, indicating a broad-based economic upswing.

In what ways have meetings like the one mentioned in the text become important?

What was the impact of the sovereign debt crisis on the euro area recovery?