General World News

Europe's Top Economic Authorities Warn of Risks to Growth

Europe’s top economic authorities warned Thursday of the dangers to the region from the slowdown in China, weak inflation and heightened geopolitical uncertainties.

Mario Draghi, the head of the European Central Bank, said it was imperative that policymakers act swiftly to deal with low inflation, while the European Union downgraded its growth forecast for the 19-country eurozone this year and warned of further reductions.

All eyes are on the ECB ahead of its next policy meeting on March 10. There’s a growing consensus in the markets that the bank will follow up last December’s stimulus boost with a further package of measures read more >>>

Source : VOANews.Com