- Lowers 2014 to 0.9% from 1.0%
- 2013 inflation at 1.5% vs 1.7% previously
- 2014 inflation at 1.5% vs 1.6%
- Economic stabilisation tentatively seen in data
- Monetary, credit dynamics remain subdued
- Sees slow economic recovery in 2014
- Expects interest rates to remain at present or lower levels
The forecasts keep coming down in the euro area. The last GDP read was -1.0% y/y.
