11 February 2008, 17:49  Euro-Zone econ growth below potential

Euro group president Jean-Claude Juncker said the European Central Bank's (ECB) priority is fighting inflation, but it is "not blinded" over the euro zone's economic outlook. "The first objective of the ECB is to guarantee price stability; that's what the ECB is committed to via the treaty," Juncker told reporters ahead of a meeting of euro zone finance ministers. "But I am solemnly convinced that the ECB is not blinded on the economic perspective," he said. Juncker said euro zone growth this year "will be slightly below potential", but emphasised that the bloc is "not in bad times".

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