"The risk of deflation is limited. I have issues
with the high probability (of 30 percent) the IMF has put
forward. Our models give much lower numbers," Praet told the
Tuesday editions of business dailies De Tijd and L'Echo.
Praet added, however, that policy makers would need to remain
vigilant about price deflation.
Price inflation has reached all-time low in the euro zone. This
benchmark of economic health is closely watched by the European
Central Bank in deciding whether more needs to be done to shore
up the economy.
(Reporting by Robert-Jan Bartunek; additional reporting by John
O'Donnell in Frankfurt; editing by Barbara Lewis)
[© 2014 Thomson Reuters. All rights
Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.