YEREVAN, August 20. /ARKA/. Patrick Honohan, a member of  European Central Bank Governing Council, said he sees a “stronger tone” to the European economy and has no immediate concern about inflationary pressure, Bloomberg reports.

Speaking about second-quarter gross domestic product in Europe, he said that “there is every indication that inflation expectations are steady, are not moving around, and the projection of actual inflation is still well within where we would like it to be”, RIA Novosti News Agency reports.

Media reports show ECB policy makers are divided on the risks posed by inflation.

Categories: anticrisis.am @en @en, General news, News | Comments Off on ECB council member: No inflation pressure risks in European economy

Tags: ECB, Economy @en, Europe, INFLATION

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