Interview with ECB's Lucas Papademos

In an interview published by Il Sole 24 Ore this week, vice President of the European Central Bank Lucas Papademos said that since last April the ECB has preferred to cease using the word "appropriate" so as to dispel the impression that had prevailed in financial markets that by using it, we are committing ourselves to maintaining interest rates unchanged for a considerable period of time.

Click here to read the interview on the ECB's web site

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