In remarks to the European Banking Congress in Frankfurt, Mario Draghi promised that the ECB will do what it must to raise the inflation as soon as possible.
", In the Board of Directors meeting in December we will be a comprehensive assessment of the strength and persistence of the factors that slow the return of inflation around 2%," said Draghi.
He added: "If we conclude that the balance of risks to our medium-term goal of price stability tilted to the downside, and we will work using all available means within our mandate."
Draghi's comments were seen indication that the European Central Bank may increase its asset purchase program after its meeting next month.
, Policy-makers at the bank Jens Weidmann said on Friday monetary stimulus measures already taken by the European Central Bank need more time to have a real impact on the economy in the euro zone, but keep the credit policy for a long time increases the risk of the loss of efficiency.
"We need to realize that the longer we stay in ultra monetary policy loose mode, the less effective this policy has become more associated with risks and side effects will come into play," said Weidman, who heads the Bundesbank in Germany in a speech at the European Banking Congress 25 in Frankfurt.
He pointed to the abundance in some financial markets and the problems faced by life insurance companies, for example.
"We should not ignore the risks that fiscal policy can get used to very low interest rates," said Weidman.
Euro Stoxx 50 index of shares Bluechip the euro zone rose by 0.10%, while the Stoxx Europe 50 index, which includes some of the major companies in the United Kingdom, and added 0.26%.
German DAX index rose by 0.31%, but the French CAC 40 fell by 0.08%. The FTSE in the United Kingdom rose by 0.07% and ended the Swiss SMI was up by 0.08%.
In Frankfurt, RWE declined by 1.08% E.ON lost 0.87%.
Deutsche Bank weakened 1.26% and Commerzbank surrendered 0.57%.
Volkswagen increased 2.27%, Daimler added 0.73%. BMW also finished higher by 0.53%.
In Paris, BNP Paribas shares fell by 1.82% and Societe Generale lost 1.70%. Credit Agricole Bank also ended 1.87%.
Technip fell 3.96% and Total fell 0.74%.
In London, Barclays was down 3.50%. Morgan Stanley downgraded its rating on the stock to "Equalweight" from "overweight."
Imperial Tobacco gained 1.75% on reports that British American Tobacco is planning to make an offer to buy the company. The completion of the British American Tobacco 0.25%.
ABN AMRO Group returned as a public company in Amsterdam today. The company priced its offerings at EUR17.75 per share, and the stock closed at EUR18.35.
Producer prices in Germany fell at the fastest pace since early 2010, data published by Destatis showed that Friday.
Producer prices fell 2.3% in October last year, the biggest drop since February 2010, when prices fell 3%. Producer prices may decline since August 2013. Economists had expected a decline in prices by 2% after easing 2.1% in September.
Public sector net borrowing in the UK, with the exception of public sector banks, unexpectedly rose in October, showed figures released by the Office for National Statistics Friday. And PSNB, with the exception of public sector banks, rose to 8.2 billion pounds in October from 7.1 billion pounds in the same month last year. At the same time, it was expected to narrow to 6.0 billion pounds.
China's main index rose, which measures economic activity in the future, at a slower pace in October, and the results of the survey by the Conference Board showed Friday. The Conference Board's leading economic index rose 0.6% monthly in October, after a 1.6% rise the previous month.