ECB'S Coeure: sees short-term interest rates staying at very low levels

The ECB executive board member Benoit Coeure was out on the wires in the last hour, via Reuters, saying that the Euro-zone growth is strong and well-distributed but the inflation is not yet "where we want it to be"

Key quotes:

   •  Sees short-term interest rates staying at very low levels
   •  Too early to declare victory on Euro-zone growth
   •  Growth is too dependent on monetary policy