>>> ECB's Visco (Italy): Not seeing any deflation risk in the EMU at the moment


ECB's Visco (Italy): Not seeing any deflation risk in the EMU at the moment but should be handled through low policy rates
- OMT policy is still required for the stability of the EMU
- Risks to financial markets still exist
- Italy should lower its debt levels and increase grow to bring down its yield spread; plans dont need adjustment at the moment