02.06.2008 14:22

ECB Stark: monetary authorities expect eurozone HICP to return under 2% in the medium term.

- ECB not satisfied with current inflation; 'not acceptable'.
- Would be worrisom if inflation persisted high or caused spiral.
- No signs of credit crunch in eurozone as in other regions.
- Eurozone growth to slow this year, but still high versus long-term average.