ECB sees uncertainty and weak economy in 2009

Two members of the European Central Bank's (ECB) governing council on Tuesday expressed concerns over the outlook for the European economy in 2009.

Writing in the Irish Times, an Irish newspaper, John Hurley, the governor of the Irish central bank and a member of the ECB's governing council, said financial problems "are affecting the real economy across the world and global growth is expected to be very weak in 2009."

Separately, Ewald Nowotny, the governor of the Austrian central bank and also