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ECB vows to bring about price stability

by Nariman Gizitdinov

EUROPEAN Central Bank council member Yves Mersch said the bank will do whatever is needed to contain inflation in the 15-nation euro region. "We will do whatever we need to do to be faithful to our primary objective...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200806/20080628/article_364840.htm"> ECB vows to bring about price stability </a> by -- EUROPEAN Central Bank council member Yves Mersch said the bank will do whatever is needed to contain inflation in the 15-nation euro region. "We will do whatever we need to do to be faithful to our primary objective... </p>