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Europe Daily Bulletin No. 11048

28 March 2014
ECONOMY - FINANCE - BUSINESS / (ae) spain
Banco de Espana says ECB interest rates could fall still further

Brussels, 27/03/2014 (Agence Europe) - Luis Linde, governor of the Bank of Spain, warned on Wednesday 26 March of a real risk of deflation in the eurozone.

The day after the head of the Bundesbank, Jens Weidmann, made comments paving the way for new special European Central Bank financing measures to tackle low inflation (see EUROPE 11046), Linde said that, although small, there was a risk of deflation in the eurozone. At a Deloitte ABC forum, Linde said that interest rates are low at...

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