ECB's Panetta: PEPP is working well, no reason to change our decisions or actions

Comments by ECB executive board member, Fabio Panetta
– We will need provide strong monetary stimulus to consolidate the recovery
– Unless there are significant upside surprises, we will use the entire PEPP envelope
This mainly reaffirms the expectation that the ECB will continue to hold the market's hand through to the middle of next year at the