Draghi Buying Time for Europe to 'Get on With It:' Hooper

The transcript discusses the European Central Bank's (ECB) monetary stimulus efforts, particularly the TLTRO 2 program, and its impact on credit creation in Europe. It highlights the ECB's role as a unifying macro policy organization and the challenges it faces, including market reactions and the need for fiscal measures. The discussion also covers the horizon for economic growth, structural reforms, inflation expectations, and economic risks like Brexit. Despite some positive economic indicators, the overall European area still faces growth challenges.

What is the significance of the TLTRO mentioned in the text?

What does the speaker imply about the current state of inflation in Europe?

Why does the speaker believe that the overall area is still hurting despite some countries showing good numbers?