Eurozone rates "damn low" says ECB's Wellink

European Central Bank council member Nout Wellink said in an interview published Tuesday 14 November interest rates in the eurozone are still ``damn low.''

``The underlying tendency is still an inflation rate above 2 percent,'' said Wellink in an interview conducted Monday after giving a speech at the Dutch University of Groningen. ``It is our firm intention to bring it again below or close to 2 percent,'' he said, referring to the bank's inflation limit.

``There is an abundance of liquidity,'

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