BRUSSELS (AFX) - Euro group president Jean-Claude Juncker said the European Central Bank's recent interest rate increase is a sign that the euro zone economy is picking up.
'We feel that growth is consolidating itself, is becoming stronger ... and the world economy is also continuing to grow strongly,' Juncker said.
'The decision of March 2 of the ECB seems to confirm this,' he said.
afxbrussels@afxnews.com vm COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited