Brussels, 08/12/2005 (Agence Europe) - The rise in interest rates decided on 1 December by the European Central Bank “cannot be seen as a tightening of monetary policy but rather as a re-balancing”, said Yves Mersch, Governor of the Luxembourg central bank in an interview with The Financial Times of 8 December (EUROPE 9080). While Jean-Claude Trichet explained to euro zone finance ministers on Monday evening that this 25 base point rise was not the beginning of a series of successive...