Issing says factors for stronger growth 'in place'

European Central Bank Chief Economist Otmar Issing said in an interview published on Monday 6 December that the surge in oil prices hasn't prompted labor unions to raise their wage demands, and eurozone inflation is expected to fall back below 2 per cent in the course of 2005.

``In the labor market we see no effects on the behavior of wage bargaining partners,'' Issing said in an interview. ``If the price of oil continues to decline, then the assessment of price developments can also be more f

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: