ECB Nowotny: Expect lower forecasts for growth in the euro area

Market news

31 August 2012

ECB Nowotny: Expect lower forecasts for growth in the euro area

It is difficult to say how long it would take to countries in crisis, for reform
Structural changes in the countries in crisis, will take time
The banks remain high refinancing needs in the future
ECB may stop immediately all emergency measures
Optional emergency measures to stop now

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