Thursday 's interest rate cut , designed to combat a three-year debt crisis , will not stimulate economic growth in the bloc , they say . Speaking in Bratislava , Slovakia , ECB President Mario Draghi said the central bank is ` ` ready to act if needed . '' Rahman said he may be reluctant to introduce new support measures because it creates political inertia . Greece , Greece are both struggling with unemployment above 27 % while Italy struggling with high government debt .
Speaking in Bratislava , Slovakia , ECB President Mario Draghi said the central bank is ` ` ready to act if needed . '' Rahman said he may be reluctant to introduce new support measures because it creates political inertia . Greece , Greece are both struggling with unemployment above 27 % while Italy struggling with high government debt .