Stark says ECB policy still accommodative

European Central Bank chief economist Juergen Stark told Boersen-Zeitung in an interview to be published Thursday 1 February that eurozone monetary policy remains accommodative despite the 25 basis point December rate increase.

'Monetary policy in the euro zone is still accommodative, that means, it supports the economy,' Stark said in an interview scheduled to appear in tomorrow's edition of the newspaper.

'As we said after the Jan 11 ECB governing council meeting, we will monitor all developm