Austria's Liebscher says oil biggest eurozone risk

Austrian national bank governor Klaus Liebscher told reporters on Thursday 11 May that high oil prices pose the biggest threat to the eurozone economy.

Liebscher said the exchange rate is but one element among many potential problems.

"Our concern is above all the uncertainty over the evolution of oil prices and the way that they could impact on growth and on the general level of prices," Liebscher said on the margins of a conference in Linz, Austria.

"The exchange rate plays a role, but it is o

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: