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ECB's Constancio: Protests won't derail Spain, Portugal reforms

FRANKFURT, Oct 8 (Reuters) - Economic reform programmes inPortugal and Spain should not be affected by street protests asthe governments are strong enough to push their agenda through,European Central Bank Vice-President Vitor Constancio was quotedas saying on Monday.

"Governments have majorities in parliament both in Portugaland Spain, still with three years or more before the nextelections," he told MNI in an interview.

"So I don't think it will derail the programmes."

Constancio also told news agency MNI that euro zone interestrates were appropriate.

When asked whether further cuts would not have much impacton the total economy, he said: "Not much, certainly ... Ratesare already quite accommodative, quite low."

(Reporting by Sakari Suoninen)

((sakari.suoninen@thomsonreuters.com)(+49 69 7565 1267)(ReutersMessaging: sakari.suoninen.thomsonreuters.com@reuters.net))

Keywords: ECB/CONSTANCIO MNI