ECB's González-Páramo says crisis liquidity measures must be temporary

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José Manuel González-Páramo, a member of the European Central Bank's (ECB) executive board, said yesterday that the ECB's non-conventional liquidity measures would be a temporary measure, as permanent enforcement could lead to market imbalances.

At the Seacen-Cemla Conference in Kuala Lumpur, González-Páramo said: "The ECB has repeatedly emphasised the temporary nature of its non-conventional measures. Indeed, maintaining measures that have outlived their usefulness for too long could trigger

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