Liebscher says property prices won't influence ECB

European Central Bank Governing Council member and Austrian Central Bank Governor Klaus Liebscher said in an interview that the ECB would not raise interest rates solely as a result of rising real estate prices in some eurozone countries.

'We have the task to draw up a monetary policy for the whole Eurozone,' he said in a telephone interview with AFX News' partner dpa-AFX.

'The development of real estate prices in a few countries does not pose a risk for the whole euro zone region,' he said

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