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Draghi flags up eurozone credit constraints

ECB president gives further indication of June policy move

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Mario Draghi

The European Central Bank (ECB) could launch new measures to boost lending in the eurozone and tackle the credit constraints that are "putting a brake on the recovery in stressed countries" and adding to the disinflationary pressures in the eurozone, Mario Draghi said yesterday.

ECB president Draghi warned of "the potential for a negative spiral to take hold between low inflation, falling inflation expectations and credit" – particularly in the stressed eurozone countries – as he opened the ECB

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