ECB's Issing upbeat on eurozone recovery

The ECB has "cautious optimism" that the eurozone economy would improve soon with the recovery in equity markets, chief economist Otmar Issing said.

Source: BizWorld

European Central Bank (ECB) chief economist Otmar Issing said the recovery in equity markets was giving the ECB reason for "cautious optimism" that the real economy would start to recover soon.

Issing told the Handelsblatt newspaper in an interview that he still saw an economic recovery in the eurozone starting in the second half o