ECB's Issing says ECB mandate won't change

Moves by certain eurozone governments to alter the European Central Bank's mandate so that the bank focuses more on growth and less on inflation are doomed to fail, says the ECB's chief economist Otmar Issing in a newspaper interview published Monday.

"Given the environment of weak growth, high unemployment and political problems, it is no surprise that such comments would be made.

"But the current legal and institutional conditions mean that such attempts will fail," Issing told the business

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