European Officials Debate ECB Vice President as Exit Looms

http://www.bloomberg.com/apps/news?pid=20601087&sid=aY3VSEjZNiRY&pos=7

Mersch, 59, said in April 2008 that the ECB should “certainly not” cut interest rates that year as a rise in inflation couldn’t be ruled out. By the end of the year, the bank had reduced its key rate to 2.5 percent from 4 percent. Mersch has also moved markets in the past. The euro fell the most in a month on Jan. 16, 2008 after he commented about the risks to economic growth in an interview with Bloomberg News.