Balance of Draghi's term

In the crisis year of 2012, Mario Draghi was able to use his ECB policy to overcome the fear that the euro would collapse given the bad state of some Euro countries' public finances. At high cost:

The ECB has become a prisoner, it cannot return to a normal monetary policy, rising interest rates would ruin countries like Italy. On the other hand, zero interest rates in combination with inflation causes losses to savers and private banks can no longer generate the necessary returns by granting loans. Draghi says his policy serves only to achieve a steady inflation rate of just under two percent inflation. He missed this target.