The European Central Bank is happy with ‍the outlook ‍for inflation in the ​euro zone but it is ready to step ⁠in again if needed, ECB policymaker Peter Kazimir ⁠said on Monday.

He ‌was joining a chorus of central bank governors from all corners ⁠of the 20-country-bloc in warning about risks to the benign projections that the ECB unveiled on Thursday ⁠as it kept rates interest ​rates steady for a fourth straight meeting.

"The coming ‍year is likely to bring new challenges ​that households, firms and indeed our policy may have to respond to," Kazimir, the Slovak central bank governor, said in an opinion piece.

"We remain flexible and ready to step in should future developments warrant fresh action," he added.

Kazimir said the euro zone's economic ⁠foundations were "showing cracks" that ‌other policymakers should fix with structural reforms that integrate European capital markets ‌and "reduce ⁠the bureaucratic weight" on businesses.

(Reporting by Francesco ⁠Canepa; Editing by Toby Chopra)