EU Financial Affairs Commissioner Pierre Moscovici: the turbulences in China will not destabilise the European economy

Market news

4 September 2015

EU Financial Affairs Commissioner Pierre Moscovici: the turbulences in China will not destabilise the European economy

EU Financial Affairs Commissioner Pierre Moscovici said in an interview on Thursday that the turbulences in China will not destabilise the European economy.

"We have seen how monetary authorities, above all in China, have reacted well and have the tools to continue to do so," he said.

Moscovici added that the European economy can benefit from low energy prices and low interest rates.

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