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Cyprus News Agency: News in English, 16-10-27

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] The monetary policy has reached some limits but is still effective,

    Ewald Nowotny says


  • [01] The monetary policy has reached some limits but is still effective, Ewald Nowotny says

    CNA - Costas Stavrinos - CYPRUS/Nicosia 27/10/2016 21:52

    The monetary policy has come to some limit but it is effective, Ewald Nowotny, member of the European Central Bank (ECB) board of directors, told an event organised by the Central Bank of Cyprus on Thursday evening in Nicosia.

    In a speech on the challenges the central banks are facing and the European view, Nowotny, who is also Governor of the Central Bank of Austria, said that even the monetary policy remains at the point it has reached today, it will be a "positive impasse".

    The Austrian economist noted that the dangers to Eurozone`s prospects for growth remain lower and mainly concern the external environment.

    (CNA)

    *The full text of the news item is available in the paid version of the CNA web service.

    *CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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