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ECB may roll out heavy artillery against deflation in 2015

Greece elections may be unsettling for European partners, but should be manageable for eurozone, say bank watchers

So far, the ECB has rolled out a wide range of measures to try and get eurozone inflation back up to the level of 2 per cent.


AFTER a breathless year of action and now a new political crisis in Greece, the European Central Bank may finally roll out its heavy artillery in 2015 in its battle against deflation, analysts said.

Bank watchers say new elections due in January in debt-mired Greece may