MADRID, March 12 Bank of Spain Governor Luis
Maria Linde said on Wednesday he saw annual Spanish inflation
rising to around 0.4 percent or 0.5 percent by year end, though
he said accurate predictions were difficult.
"The ECB aims to keep inflation at around 2 percent, and
we're a long way from that right now. This is one more problem
for the recovery. We think it will be around 0.4 percent or 0.5
percent," he said during a conference in Madrid.
Consumer prices in Spain were flat in February, official
data showed on Wednesday.
Linde also said the European Central Bank may have to take
new measures in the coming months as long-term financing
operations for European banks, known as LTROs, expire in 2015