ECB rate hike still possible this year, narrative unchanged - Nowotny
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BRATISLAVA (Reuters) - Euro zone activity is weaker than previously thought but the growth scenario outlined by the European Central Bank in December remains valid and a rate hike this year is still possible, Austrian policymaker Ewald Nowotny said on Friday.Euro zone indicators from industrial production to sentiment readings have disappointed in recent months and there are fears Germany, the bloc's biggest economy, may be suffering a recession due to troubles in its vast car manufacturing..