ECB's Liebscher: vigilance ensures stable prices

European Central Bank vigilance will safeguard future price stability and a stable euro, ECB Governing Council member Klaus Liebscher wrote in an Austrian newspaper on Wednesday 2 May.

"The council of the European Central Bank is first of all committed to price stability -- its vigilance ensures that we retain our purchasing power and that the euro remains a stable currency," Liebscher wrote in a column in daily Oesterreich.

"Today Europe seems to be strong enough to weather a moderate slowdown

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