Mario Draghi

European Central Bank President Mario Draghi said on Thursday it was up to Greece to decide whether to tap the bond market again, but that it needed to be done as part of an overall bailout strategy.

He said, however, there had been serious progress in Greece, which is on its third international bailout.

Euro zone government bond yields fell on Monday, as tepid inflation numbers lifted expectations of a cautious stance at this week's European Central Bank meeting.

The ECB meets on Thursday, three weeks after comments from central bank chief Mario Draghi that were seen as opening the door to policy tweaks in the coming months triggered a jump in bond yields and the euro.

Responding to a question submitted by MEP Nikos Chountis in the European Parliament, the President of the European Central bank (ECB), Mario Draghi painted a bleak picture of the Greek job market. According to Mr. Draghi, the real underutilisation of the Greek workforce had reached 31.3% in the 4th quarter of 2016.

Inflation across the 19-country eurozone held up better than anticipated in the face of waning energy prices, a sign that the region's economic recovery is reverberating across the single currency bloc, official figures showed Friday, according to the USA Today. 

The euro led a broad advance in currencies against the greenback on June 29 after a string of central bankers hinted at an end to loose monetary policies that have been in place since the financial crisis.

Anti-euro sentiment has faded over the past year since the British referendum to quit the European Union, according to European Central Bank president Mario Draghi.     

The President of the European Central Bank (ECB), Mario Draghi ruled out any prospect of Greece being included in the quantitative easing (QE) programme for the time being.

The president of the European Central Bank, Mario Draghi, said on Monday that Greece will not join its quantitative easing program (QE) until international creditors specify what sort of debt relief measures the country can expect.

The European Central Bank signaled on June 8 it planned no further interest rate cuts as eurozone prospects improved, but said subdued inflation meant it would continue to pump more stimulus into the region's economy.

European Central Bank chief Mario Draghi took the wind out of the government's sails on Monday, telling the European Parliament that the ECB will not consider including Greece in its quantitative easing program (QE) before the conclusion of its bailout review and its debt is made sustainable.