ECB Will Cut Rates by Maximum of 25 Percent - Expert

3:30 AM ET Thu, 5 July 2012

"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.