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ECB’s Nowotny: Sees North-South divergence in the Eurozone

From forexlive.com

Global, Euro are outlook has deteriorated; ECB has removed tail risk and a euro-area break -up is now not an issue; Eurozone inflation will fall below 2% next year; Sees no need to change ECB interest rates at the moment; OMT is not aimed at harmonizing sovereign bond yields; ECB supervision won’t be possible before mid 2013; (full story)

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  • Category: High Impact Breaking News