ECB dissenter Orphanides heralds deflation threat

Athanasios Orphanides, the governor of the Central Bank of Cyprus and a staunch advocate of a looser monetary-policy stance, has warned of the increasing threat of the eurozone deflation.

Eurozone inflation is estimated at 0.6% for the year to March, the lowest level since the introduction of the single currency. Orphanides told Bloomberg, a news agency: "If inflation threatens to remain significantly below 2% for a considerable period of time, then additional policy easing could be warranted to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: