Welteke - ECB focus is inflation, not growth

GERMANY - Ernst Welteke, member of the European Central Bank council, on 29 August said there were signs of a possible recovery of the euro zone's largest economy, but stressed the ECB's main task was to control inflation and not stimulate growth.

Welteke, who is president of Germany's Bundesbank, also said the current monetary policy of the ECB, which meets to decide interest rates on 30 August, was not restrictive.

The German central bank chief acknowledged in a speech that there was a high l

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