The representative of European central bank called increase of rates absolutely necessary

Moscow, 18 Oct — the PRIME. The eurozone can face recession, but increase of rates still absolutely is necessary as steadily high inflation harms to economy and stability. It on Tuesday was declared by Makhluf Gabriel, the managing director of Central bank Ireland ". The eurozone is expected by a difficult combination of high inflation and low rates of economic growth, including probability of technical recession" — he told. "The history teaches us that these problems will be aggravated only if we postpone acceptance of the appropriate measures, and increase of rates is absolutely necessary, as steady...