Austrian ECB member Nowotny says he does not see a chance of a double dip recession in the euro zone, in a Reuters interview. The ECB might discuss a medium and long-term structure to drain liquidity but there is no immediate need for that. The banker said he is not aware of any bailout discussions regarding Greece. Greece is now taking the right steps, but rather late, he says.
EUR/USD is steady after the remarks, at 1.4374.
