ECB’s Nowotny: monetary policy will remain accommodative for as long as needed

out on the wires

  • says he personally prefers more liquidity provision
  • should not overestimate role of interest rates at such low levels
  • ECB thinking about lowering haircuts on ABS for refinancing operations
  • Eurozone on track for 2013 H2 recovery

EURUSD largely unphased at 1.2940

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