Euro zone deflation is threat to euro, ECB must act – ING IM

reuters.com – LONDON (Reuters) – A failure by the European Central Bank to act in time to prevent euro zone deflation could trigger a euro collapse in the long term, the CIO of a major European investment house said on Monday. Hans Stoter of ING Investment Management, which runs $237 billion, is cautious on European equities and debt. While he expected the ECB to start full-fledged sovereign bond buying in the next six months, he said political resistance was stiff.

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