16 May 2005, 17:19  Тhere were no current threats to price stability in the euro zon

European Central Bank Governing Council member Erkki Liikanen said on Monday there were no current threats to price stability in the euro zone but stressed interest rates could not stay at historic lows for ever. "Today the situation is still that our price stability goals have been met fairly well," Liikanen, who is the chief of the Finnish central bank, told journalists, noting, for example, there was little pressure from rising salaries. "It has to be said that we are living a time of historically, exceptionally low interest rate levels. And at this moment there is already a lot of liquidity globally which in some countries has led to rises in house prices," he said.

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