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Europe Daily Bulletin No. 10022

19 November 2009
Contents Publication in full By article 20 / 30
GENERAL NEWS / (eu) ep/ecb
Report assesses ECB policy in 2008

Brussels, 18/11/2009 (Agence Europe) - For the euro area, 2008 has been characterised by low growth (0.7%) and steep inflation (4% in the summer and 3.3% on average) in a year marked by the outbreak of the economic and financial crisis. This exceptional situation shaped European Central Bank (ECB) policy, pushing it to extraordinary measures in reaction to new economic conditions. Thus says the draft European Parliament report by Edward Scicluna (S&D, Malta), responding to the ECB annual...

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