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ECB’s Nowotny sees stabilization in the Eurozone

From forexlive.com

Eastern European expectations have also stabilized No crisis of the Euro, only of some member states Still sees eurozone growth shrinking in 2013, but a clear revival in 2014 Monetary policy transmission didn’t function for ECB OMT meant to restart monetary transmission.OMT is monetary , not fiscal policy Bloomberg reporting (full story)

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