Recession could end this year - banker
08-02-2009
Easing inflation and stimulus packages adopted by governments around the world offer hope that the world economic crisis could come to an end as early as this year, according to French Central Bank Governor Christian Noyer. While the final three months of 2008 had proved especially painful, lower energy and commodity prices and, as a result, easing inflation were one reason for optimism, Mr Noyer said in an interview broadcast by France Culture radio. "The stimulus plans are one of the reasons we hope the economic crisis can end relatively quickly," said Mr Noyer, who is also a governing council member of the European Central Bank.
