ECB Will Cut Rates by Maximum of 25 Percent - Expert

Thursday, 5 Jul 2012 | 3:30 AM ET

"As we know that the ECB's approach is gradualist and not very active or pro-active. They're going to take their time, (...) so I think 25 basis points will be the maximum," James Round, vice president, LBBW Landesbank Baden, told CNBC.