ECB Padoa-Schioppa - 'excessive' talk on inflation

ITALY - European Central Bank board member Tommaso Padoa-Schioppa said the central bank has to monitor with attention the current level of euro-zone consumer prices which remain above 2.0 pct year-on-year, but believes it is "excessive" to describe the situation as alarming.

In an interview with the daily La Repubblica, Padoa-Schioppa said that certain factors like oil prices, the cold weather in January and the impact of the introduction of the euro on some services prices, have delayed the r

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 indvidual account here: