21 November 2008, 1:34 am
VIENNA, Nov 21 (Reuters) - The European Central Bank is watching economic developments closely and more action could come, Governing Council member Ewald Nowotny was quoted as saying on Friday. "The ECB is observing very closely economic developments and the rate cuts already implemented will not be the last words," Nowotny told Market News International (MNSI) in an interview. He said the ...... Read More »