MADRID, Nov 18 (Reuters) – The totally different inflation ranges in euro zone nations make the European Central Financial institution’s financial coverage motion difficult, Spanish Economic system Minister Nadia Calvino mentioned on Friday.
“We see a (inflation) downward development in our nation which contrasts with the upward development in a big a part of the European Union,” she advised reporters.
“There are totally different macroeconomic and inflation conditions within the totally different nations and that may be a problem for the ECB when articulating a singular financial coverage.”
Reporting by Inti Landauro
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