ECB’s Nowotny: ECB has an ambivalent picture of the Eurozone

Author: Pete Jackson | Category: News

Author: Pete Jackson

  • Bond yields have relaxed ( Spanish and Italian?)
  • Stock markets are developing well
  • Sees inflation easing
  • Sees problematic development of real economy
  • Eurozone isn’t in in a situation like after  Lehman
  • Sees 2013 inflation clearly under 2%, risks point more to the downside than upside
  • 2013 will be a big challenge for economic development ( ur telling me)
  • Sees eurozone reach economic low in Q4 (lets hope so)

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