ECB's Bonnici (Malta): Expect EUR to ease up a bit at some point - Reiterates central bank view that EUR current level was not a downside risk to EMU growth - Reiterates view that ECB would cut rates if needed, but impact would be limited - There is good and bad to negative interest rates - Keeping an eye on need for LTRO, will act if needed - Inflation to stay at a reasonable 1-2% range