(Adds details, quotes)By Marc Jones and Karin StroheckerLONDON, Nov 3 (Reuters) - Euro zone inflation will struggle to reach the European Central Bank's target in years to come and unemployment will remain "very high" across the bloc, an ECB policymaker said on Friday. The ECB announced last week that starting next year it would reduce its bond-buying programme to 30 billion euros ($35.01 billion) a month from its current 60 billion euros. "This goal of 2 percent or 1.9 is something that will not be easily reached in the years to come," said Ewald Nowotny, a long-serving member of the ECB's Governing Council. Speaking at an event organised by the policy think tank OMFIF, Nowotny added that unemployment levels were "still very high" despite recent declines. (Reporting by Karin Strohecker and Marc Jones, editing by Larry King)
Source: Times of India November 03, 2017 13:18 UTC