ECB'S Praet: Ample degree of monetary stimulus remains necessary

The European Central Bank's chief economist Peter Praet, during the keynote speech at the OECD Chief Economist Talks in Paris, France, was noted saying that the recent data points to moderation of Euro-area economy and inflation developments remain subdued.

Additional quotes:

   •  Ample degree of monetary stimulus remains necessary.
   •  We must be patient, persistent and prudent in our monetary policy.