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- ECB, Jozef MAKUCH: We'll observe, be very vigilant, then we'll react
ECB, Jozef MAKUCH: We'll observe, be very vigilant, then we'll react
- Still much uncertainty;
- EMU growth has 'some level of sustainability';
- Latest spread widening not caused by ECB monetary policy;
- Not time to say anything about Greek debt restructuring;
- Improvement of situation in Greece occurring, very slow;
- Spain in a different situation.
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