UniCredit's Nielsen Sees Fiscal Help Coming for ECB

The transcript discusses the European Central Bank's (ECB) role in managing inflation, particularly focusing on the challenges faced by Mario Draghi. It highlights the ECB's efforts to close the output gap and the influence of fiscal policy. The conversation also speculates on the future of Quantitative Easing (QE) and the potential extension beyond March 2017. Additionally, it examines the political pressures on the ECB, including upcoming elections and referendums, and their impact on monetary policy decisions.

What political factors are mentioned that could affect monetary policy?

What is the general sentiment towards the ECB's policies within the eurozone?