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View Full Version : ECB Keeps Rate at 1% as Economy Shrinks, Price Risks Grow - Bloomberg



NewsWhore
04-04-2012, 08:50 AM
ECB Keeps Rate at 1% as Economy Shrinks, Price Risks Grow (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGmF6i3mP7yNorEpe-LKeyMW71Jtg&url=http://www.bloomberg.com/news/2012-04-04/ecb-keeps-rate-at-1-as-economy-shrinks-price-risks-grow.html)
Bloomberg
“It's not an optimal currency area. The economy is terrible in some parts and okay in others, and prices are diverging.” House prices in Spain plunged 11.2 percent last year; in Germany they rose 5.5 percent, the most since the country's ...

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