Bloomberg News

Mersch Says Some ECB Unconventional Measures ‘Limited in Time’

November 16, 2011

Nov. 16 (Bloomberg) -- European Central Bank council member Yves Mersch said some unconventional measures are “limited in time,” according to an interview with CNBC.

“Some of the measures we’ve taken are limited in the volume and limited in time,” Mersch told CNBC in the interview broadcast today. They “can only serve the purpose of increasing the efficiency of the monetary transmission.”

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Simone Meier at smeier@bloomberg.net


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