Nowotny Says ECB to Hold Off Exit Talk Until December

European Central Bank Governing Council member Ewald Nowotny said policy makers will wait until December before discussing how to withdraw emergency measures to give the economy time to gather strength.

“We certainly won’t discuss the first quarter before December of this year” Nowotny told Bloomberg News in an interview in Bucharest today. “We’re still facing an economic development with a very high uncertainty in many respects. It’s certainly too early to take a clear position.”