- ECB's President Draghi told EU leaders at Summit that risks of recession is still quite low - Reuters reports, citing sources
Market news
22 March 2019
ECB's President Draghi told EU leaders at Summit that risks of recession is still quite low - Reuters reports, citing sources
- ECB sees protracted weakness and uncertainty in the economy
- International trade is the main reason for the slowdown
- In this situation, ECB sees a substantial degree of monetary policy accommodation is needed
- Eurozone's authorities, central banks are prepared for Brexit; private sector needs to step up preparation
- ECB aggregate consequences from Brexit on Eurozone are small
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