ECB’s Newest Governor Warns of Danger From Inflation ‘Disease’
- Croatia’s Vujcic sees consumer prices as ‘dominant goal’
- Governing Council to grow to 26 with enlargement of euro area
Boris Vujcic
Photographer: Petar Santini/BloombergThis article is for subscribers only.
The European Central Bank’s newest policy maker has plenty to say on the danger of consumer prices running out of control during a war.
Croatian National Bank Governor Boris Vujcic can remember only too well how his country suffered inflation of 1,500% during the 1990s as it fought for independence from the former Yugoslavia. He is adamant that euro-zone policy makers need to act aggressively.