ECB STAFF: Sees 2012 HICP 2.3% to 2.5%; Mar fcst 2.1% to 2.7%; Sees 2013 HICP 1.0% to 2.2%; Mar fcst 0.9% to 2.3%
ECB STAFF: See 2012 GDP -0.5% to +0.3%; Mar fcst -0.5% to +0.3%; Sees 2013 GDP 0% to +2.0%%; Mar fcst 0.0% to +2.2%
econ outlook subject to increased downside risks
downside risks related to debt tensions, spillover
downside risks also relate to commodity prices