Draghi tells Bundestag understands

(ANSA) - Berlin, September 28 - European Central Bank President Mario Draghi on Wednesday told the Bundestag he understood the fears of the German people and said the ECB's measures were effective. He said they were "also working to the benefit of German savers". Draghi said the ECB's quantitative easing (QE) programme had, in 2015 alone, enabled Germany to save 28 billion euros. He said the ECB's monetary policy was not the reason for banks' low profitability. Draghi also cited German Finance Minister Wolfgang Schaeuble in saying that interest rates would go up only when growth returns on a steady basis.