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Europe Daily Bulletin No. 8465

20 May 2003
Contents Publication in full By article 29 / 46
GENERAL NEWS / (eu) eu/economy/ecb

19/05/2003 (Agence Europe) - The Vice-President of the European Central Bank, Lucas Papademos, anticipates a certain amount of leeway in monetary policy if prices continue to fall, he said in an interview published on Saturday by German newspapaer Süddeutsche Zeituung. "Low oil prices, the strengthening Euro and low economic growth should lead to a general drop in pace of price increases. If this development, which currently works in our favour, continues, this could give some leeway to...

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