Eurozone warned of excessive wage deals

Series Title
Series Details 11.1.08
Publication Date 11/01/2008
Content Type

Report of monetary policy decisions taken by the European Central Bank, 10 January 2008. Eurozone politicians and trade unions were served notice that interest rates could be raised “pre-emptively” if wage settlements threatened to send inflation spiralling out of control.
Related Links
European Central Bank: Press Release, 10.1.08: Monetary Policy Decisions http://www.ecb.int/press/pr/date/2008/html/pr080110.en.html
European Central Bank: Introductory Statement, 10.1.08 http://www.ecb.int/press/pressconf/2008/html/is080110.en.html
BBC News, 10.1.08: Eurozone rates kept at 4% by ECB http://news.bbc.co.uk/1/hi/business/7181046.stm
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