13.05.2013 - 12:12 [ CNBC ]

ECB‘s Visco: Deposit Rates Could Go Below Zero

„We all agreed in the council that we have to look with care and in that case we may reduce the [deposit] rate. We think that – and I personally think that, this is effective – the economy now is capable of taking it on board. Technically, we are equipped and ready to intervene. There may be unintended consequences – we know we may have to work on that – and we know how to work on that,“ Visco told CNBC on the sidelines of the Group of Seven (G7) meeting in London this weekend.