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MNI INTERVIEW: Eurozone Needs Prolonged....>

EUROZONE
EUROZONE: MNI INTERVIEW: Eurozone Needs Prolonged Accomodative Policy
- The eurozone requires prolonged accommodative monetary policy to avoid the
risk of a credit crunch and to boost investment and productivity in its more
vulnerable members, Isabel Horta Correia, head of the Economics and Research
Department at Banco de Portugal, told MNI in an interview.
- Rising interest rates could potentially slow credit flows to the real economy,
hitting firms' profits and household consumption, warned Correia.
- For more see MNI Main Wire at 1548GMT, or contact us.

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