ECB Welteke: conditions for growth in place

GERMANY- European Central Bank council member and Bundesbank President Ernst Welteke said that monetary policy has cleared the way for investment and economic growth in an interview published on Wednesday.

"Through favourable financing conditions, low long-term interest rates and ample liquidity, European monetary policy has created the conditions for investment and growth," Welteke said in an interview with the German daily Tagesspiegel.

"What we are still missing now is confidence and optimis