Jacob Frenkel de JPMorgan dice que el BCE enfrenta retos importantes

The video discusses a Bloomberg report on the potential delay of the ECB's QE plan until December, highlighting the challenges the ECB faces due to diverse economic situations among its members. It emphasizes the leadership of Mario Draghi and the importance of strategic planning over short-term delays. The ECB is compared to the Federal Reserve, noting Europe's significant economic improvement over the past year.

What does the text suggest is more important than the timing of monetary policy changes?

According to the text, how has Europe's economy changed over the past year?