ECB's Draghi: I don't see a break-up risk

More from Draghi during the Q&A session following the press release:

• Had cursory discussion about removing lower in forward guidance
• don't anticipate that rates would have to be reduced
• no dramatic choice to keep the reference in guidance
• TLTRO not discussed a sign of improved climate
• TLTRO is a tool that could be used if warranted
• Don't see a break-up risk
• We are ready, euro is irrevocable
• Looking at development with great attention, no anxiety
• Probability of rate cut has gone down
• no merit in attacking Germany trade surplus
• Fx rates of euro determined by market