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Europe Daily Bulletin No. 11055

8 April 2014
ECONOMY - FINANCE / (ae) ecb
Costancio says risk of sustained low inflation “will be addressed”

Brussels, 07/04/2014 (Agence Europe) - On Monday 7 April, at the final meeting of the European Parliament's economic and monetary affairs committee before the European elections, Vice-President of the European Central Bank Vitor Costancio said that the ECB would take action to achieve its mandate of ensuring inflation remains at a level of around 2%.

In answer to a question from Leonardo Domenici (S&D, Italy), Constancio said: “Everybody was surprised by the very low level of inflation of...

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