The Vasle is open to possibilities after the reasonable June cut

European Central Bank Governing Council member Bostjan Vasle says next month is probably the appropriate time to begin lowering interest rates. Vasle said he’s keeping an open mind on what to do after that. He said next month's cut will be'reasonable' and he's open to possibilities.

The European Central Bank is supportive of a tie-up between Banco Bilbao Vizcaya Argentaria and Banco de Sabadell SA. The deal could make necessary approvals easier if the deal comes to fruition. The ECB is open to BBVA-Sabadell Tie-Up, Easing Path to Potential Deal.