European Central Bank executive announces: "Soft landing" target has been achieved, achieving a win-win situation for inflation and the economy.

Yannis Stournaras, a member of the Governing Council of the European Central Bank, stated that the bank has successfully achieved an economic "soft landing" - controlling the inflation rate at 2% while maintaining economic resilience. The Greek official pointed out, "This achievement is closely related to the credibility of the European Central Bank. Credibility is a valuable asset, and therefore, even during the recent period of significant inflation, long-term inflation expectations have remained close to the 2% level." He said at an event held in Athens on Tuesday that interest rate cuts and inflation control "have created a favorable environment for the economy, helping to stimulate investment, achieve sustainable growth, and maintain financial stability." Currently, European Central Bank officials are satisfied with the current speed of consumer price inflation and the level of borrowing costs. Most officials have explicitly stated that they are not inclined to adjust monetary policy unless there is a significant economic shock. Stournaras believes that the global economy is in a transitional phase, which provides an opportunity for Europe to enhance the euro's reserve currency status. He said, "The increasing demand for European securities can enhance the liquidity and financing capabilities of the European economy, thereby supporting productive investment and enhancing long-term competitiveness." However, he also emphasized that this goal will not be achieved automatically and will require various measures, including "completing the construction of a banking union, establishing a fully functioning capital markets union, removing all existing major barriers to trade within the EU, and increasing investments in technology, defense, and green growth sectors."