With an economy mired in the longest recession in 40 years and unemployment at unprecedented levels, a rate cut from the European Central Bank now looks likely in the next six months, according to Standard & Poor's Head of EMEA Sovereign Ratings Moritz Kraemer. In an interview with MNI, Kraemer also says that a weaker euro would be one benign result of a reduction in ECB policy rates. The comments were made prior to ECB President Mario Draghi's move to issue unprecedented policy guidance last week and reports that the Governing Council had been split over whether to reduce rates but were clarified by Kraemer in the ... (full story)