ECB press conference: Impact of Ukraine crisis on Eurozone limited

FXStreet (Łódź) - On the topic of the crisis in Ukraine Draghi suggests the geopolitical tensions might grow further, but that the Eurozone shouldn't be overly affected.

• Eurozone's links with Ukraine are limited so the contagion shouldn't be strong.

• For now, “the impact of the developments on emerging markets remains muted.”

• The euro is an “island of stability.”

• The Governing Council hasn't discussed the possible scenarios of how might the Ukraine crisis impact various markets.

• The ECB hasn't “shelved revitalizing asset-backed securities or other measures.”