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The European Central Bank (ECB) Chief Economist Peter Praet said in London on Wednesday that politicians and monetary authorities should show "verbal discipline" about the crisis in Greece. He also said that the Eurozone has "a lack of crisis preparation".
Praet pointed out that quantitative easing by the ECB was implemented at the optimum time.
The ECB chief economist noted that there is "a cyclical recovery" in the Eurozone.
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