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European Central Bank (ECB) Executive Board Member Benoit Coeure said in an interview with CNBC on Monday that it is too early to decide if to expand the asset-buying programme or not.
"If anything were needed, we would need to be ready. But it is too early to pass that kind of judgement," he said.
Coeure noted that the economy was recovering but there are risks from the slowdown in the emerging economies.
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