BERLIN -- The economic recovery in the eurozone is not strong enough for the European Central Bank to scale back its emergency asset buying at a June meeting, Executive Board member Fabio Panetta told Nikkei, pointing to a lack of self-sustaining growth and the risk posed by rising bond yields.
"From my viewpoint, the conditions that we see today do not justify reducing the pace of purchases," Panetta said in a recent interview, calling such talk "clearly premature."