> ECB’s Nowotny: ECB rate cut a reaction to a very weak economy, low rates to stay for a longer period

ECB’s Nowotny: ECB rate cut a reaction to a very weak economy, low rates to stay for a longer period

Friday, 03/05/2013 | 04:13 GMT-0

Nowotny was speaking on Austrian radio.

Incidentally, the accompanying photo is rare archival footage of Nowotny at an ECB karaoke night.

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