ECB's Issing sees 'tentative' signs of recovery

GERMANY - European Central Bank chief economist Otmar Issing said that there are "tentative" signs of a recovery in the euro zone economy, and that a "significant" upturn is possible in 2002.

Speaking in an interview with Friday's Sueddeutsche Zeitung, Issing said: "There are tentative signs that an upturn is looming, particularly in the indicators.

"There could be a significant upturn in 2002, but no one can say when this will be," he said, adding that risks remain in the form of developments in

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