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Jump in bank deposits at ECB not good sign-Nowotny
European Central Bank policymaker Ewald Nowotny said on Tuesday a jump in bank deposits at the ECB was a concern but that the overall economic situation in the euro zone has not changed abruptly. "This is not a good sign," he told Austrian radio in an interview, adding policymakers need to act urgently to address market turmoil, expecially by quickly implementing steps agreed at a euro zone summit in July.