Strasbourg, 25/04/2007 (Agence Europe) - Presenting to MEPs the European Central Bank (ECB)'s 2006 Annual Report on Monday 23 April, ECB Vice-President Lucas Papademos said 'firm and timely action is warranted to ensure price stability over the medium term.' He told the EP's economic and monetary affairs committee, chaired by French Socialist Pervenche Beres, that 'upside risks to price stability prevail over the medium to long term' and the ECB would continue to 'monitor very closely all...