What's next for the EU?

European Central Bank chief, Draghi, called for governments across the bloc to take action to lift the Eurozone's economy in a speech. It signals that Draghi wants to keep his promise of no more monetary policies unless there is a serious change in the economy. In the Eurozone, different governments have different capabilities to use fiscal stimulus according to their different budgets and credit ratings. And currently governments are very careful about using fiscal policies as they want to control their budget levels. Therefore, I expect that the Eurozone economy will stay flat until another economic crisis hit.