FRANKFURT, May 21 (AFP) - The incoming president of the Bundesbank, Ernst Welteke, on Friday expressed confidence about the future prospects for economic growth in the euro zone. Speaking in his function as president of the regional central bank of Hesse, Welteke told journalists that he was confident Europe would see "strong signs" of improvements in the coming months. "Looking at current indicators, the chances for economic growth are very good," he said. Welteke, who has been nominated to succeed Hans Tietmeyer as the president of the German central bank after Tietmeyer retires at the end of August, said that with interest rates at a record low in Europe, monetary policy was posing no hindrance to efforts to improve the labour market and boost economic growth. "From the monetary policy view point, there is nothing standing in the way of higher employment and economic growth," he said. The European Central Bank (ECB) cut its key interest rates by half a point at the beginning of April.  