Lower Chinese demand helped slow eurozone growth – ECB’s de Guindos
Political uncertainty also helping to reduce growth, says ECB vice-president
Some of the factors behind slower recent eurozone growth are temporary, but others may turn out to be longer-lasting, said the vice-president of the European Central Bank.
“While there is uncertainty about the magnitude and persistence of these factors, near-term growth in the euro area is likely to be weaker than previously anticipated,” Luis de Guindos said in Madrid on February 11. Eurozone growth in the last two quarters of 2018 had been affected by political uncertainty, and lower
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