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Image header Agence Europe
Europe Daily Bulletin No. 7983
Contents Publication in full By article 17 / 48
GENERAL NEWS / (eu) eu/ecb

Declarations from Chief Economist at ECB fuel rumours of intervention

Brussels, 13/06/2001 (Agence Europe) - Otmar Issing, Chief Economist at the European Central Bank (ECB) referred on Tuesday to concerns within the Frankfurt institution at the combination of an inflationist thrust and a slowdown in economic activity in the euro zone. Mr. Issing told the press that "intervention is part of the arsenal of a central bank", while stipulating that "it is used first and spoken about later". This statement, according to certain experts, would open the door to an...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION