The problem with the ECB is that interest rates are so low for 10 years. For many young people it's the only thing they know, cheap money is available everywhere without much collateral and saving money in a bank account is kind of useless. The inflation rate is much higher than any interest you receive from the bank, with the bank fees on top of that you are screwed. The central bank is motivating everyone to go into debt, or at least spend their money today instead of saving it for tomorrow. Japan is in this trap much longer than Europe already with no way out. How is this serving the people? It's not helping us to print money every month.
Low interest rates, even zero or negative, are a sign of the right time to print money. This is usually accompanied by a weakening of the national currency and central bank intervention in the market to stabilize the value of a country's national currency.
Debt has become a lifestyle for the majority of people both for consumption and for investment. Even today, many non-bank institutions offer easy loans with an instant approval process through checking personal data and loan records from central banks. Even someone feels proud if they can get a loan from a bank, which means their track record is good. Debt creates opportunities but debt also causes many other bad things, including forcing to buy something you want not what you need by going into debt.