Inflation at 2%, Growth Returns — But Europe Must Act Now | Dombrovskis Warns the Clock Is Ticking! At the European Parliament in Strasbourg, Valdis Dombrovskis delivers a clear-eyed assessment of the euro area as lawmakers debate the ECB Annual Report. He welcomes the ECB’s decisive action that anchored inflation expectations and helped bring inflation down after the pandemic — with projections now stabilising around the 2% target. But the message goes beyond reassurance. With moderate growth a