No euro zone inflation risk: German ECB member
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Buy SPH photosBERLIN (AFP) - A senior official of the European Central Bank said on Sunday he saw no risk of inflation rising in the 17-member euro zone in spite of the current debt crisis. "I don't see an increased risk of the currency depreciating," executive ECB board member Joerg Asmussen told the weekly Bild am Sonntag.
Mr Asmussen said ECB forecasts acted on the assumption that "inflation will again fall below two per cent next year".
The ECB also guarantees that the euro will be a stable currency in the future, he added.
"Nobody should worry about that," Mr Asmussen said, adding that since the introduction of the single currency in 2002 euro zone inflation had been hovering around two per cent.
