- Concern that government bond purchases will fuel inflation is unfounded, inflation expectations are solidly anchored.
- Claims that certain countries can only regain competitiveness by leaving the Euro and devaluing their currency are wrong.
- Expects new European Banking supervisory body to fully operate from 2014.
- Basel III should be implemented start of 2013 as planned.
Print 17:45, 29 Nov 2012 - ECB - Source: Newswires
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