ECB’s Coeure: Rates in EZ to stay low for a long time

FXStreet (San Francisco) - ECB’s member Mr. Coeure crossed the wires over the weekend, saying that interest rates in the Eurozone will remain low for a long period of time regardless of whatever other central banks do.

Further headlines, via Reuters, were: "Flexbility in EU stability pact must be based on reforms that have been ” proven”, not reform pledges, Eurozone governments must do their part to boost growth and cut debt, the Eurozone has a major investment deficit, the current economic situation of high debt, high unemployment and weak growth is very worrying..."