With news of a possible Greece austerity plan to pass as early as Sunday, le'ts review the ECB member's outlook on the European economy.

As of last week, Trichet, telegraphed that ECB would probably hike interest rates at next month's meeting, July 7th.

The following graph displays all the ECB members and a Hawkish vs. Dovish meter representing their views on the health of the Eurozone.

1=Dovish 3=Neutral 5=Hawkish

It's interesting to note that the members of the European crisis countries, Greece, Portugal, Spain, and Ireland are all Dovish.

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Information Courtesy of Reuters

ECB MEMBERCOUNTRYHAWKS VS. DOVES
Jean-Claude TrichetPresident4=Hawkish
Vitor ConstancioVice President1=Dovish
Juergen StarkGermany5=Hawkish
Lorenzo Bini SmaghiItaly5=Hawkish
Luc CoeneBelgium5=Hawkish
Yves MerschLuxembourg5=Hawkish
Gertrude Tumpel-GugerellAustria4=Hawkish
Jens WeidmanGermany4=Hawkish
Mario DraghiItaly4=Hawkish
Nout WellinkNetherlands4=Hawkish
Andres LipstokEstonia4=Hawkish
Jose Manuel Gonzalez-ParamoSpain3=Neutral
Ewald NowotnyAustria3=Neutral
Josef MakuchSlovakia3=Neutral
Athanasios OrphanidesCyprus2=Dovish
Erkki LiikanenFinland2=Dovish
Christian NoyerFrance2=Dovish
Patrick HonohanIreland2=Dovish
Michael BonelloMalta2=Dovish
Carlos CostaPortugal2=Dovish
Marko KranjecSlovenia2=Dovish
Georgios ProvopoulosGreece1=Dovish
Miguel Fernandez OrdonezSpain1=Dovish

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