Ireland's Hurley on monetary and financial issues

In a speech on 'The monetary and financial environment in the euro area' given on 11 April, John Hurley of the Central Bank of Ireland said that recent data suggests the euro area's economy is unlikely to strengthen soon.

He said a rise in long-term oil future prices was a 'new and worrying' feature of oil markets. Other risks to growth included widening global current account imbalances, sharp upward moves in the value of the euro and strong growth in money and credit within the euro zone on

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