ECB's Hurley says CPI not `great' concern

European Central Bank council member John Hurley said in an interview following a panel discussion in Frankfurt Thursday that inflation in the dozen nations sharing the euro isn't a ``great concern''.

"Inflation is certainly not a great concern, but there are some risks that we have to keep an eye on,'' Hurley, who also heads Ireland's central bank, said in an interview yesterday after a panel discussion in Frankfurt. While ``oil is clearly one of them,'' the ECB still expects inflation to slo