ECB'S Constancio: Monetary policy will continue to be 'very accommodating' - RTRS

The ECB vice president Vitor Constancio was out on the wires in the last hour, via Reuters, saying that monetary policy will continue to be 'very accommodating' for a long time.

Additional quotes: 

Has not heard convincing arguments in favour of transforming ESM into so-called European Monetary Fund.

Would keep ESM as it is, no reasons to modify institutional situation and create a new entity, reducing role of commission.