That was interesting, thanks for posting it! He definitely seems to have a positive long-term view for the Eurozone, but is realistic about the challenges it faces, especially in the short term.
He points out, as a problem, the "disconnect" between inflation and growth in the Eurozone, and that this is probably due to strong capital inflows. He specifically mentions the appreciation of the euro as a problem.
Since the Governing Council's solution to this problem is to dramatically increase liquidity in the Eurozone to "encourage financial intermediaries to actively put their cash balances at work both on credit and asset markets", and to send " a clear sign that monetary accommodation should persist for a very long time", I would definitely take his statement as bearish for the euro.