US EditionECB Policymaker Says Euro Zone Recession Concerns 'Real and Justified'
8 Articles
8 Articles
According to the central banker, the conflict in the Middle East increases the risks for the economy and monetary policy. Concerns about a possible recession are "real and justified".
ECB’s Stournaras Sees Recession Concern, Phileleftheros Says
Concern about a possible euro-area recession is “real and justified” as conflict in the Middle East causes a supply-side disruption, European Central Bank Governing Council member Yannis Stournaras said in an interview with Phileleftheros.
ECB's Stournaras Warns Eurozone Recession Risk Is 'Real'
EBM Newsdesk Analysis EBM Newsdesk Analysis FRANKFURT, May 4 — Yannis Stournaras, Bank of Greece governor and a senior member of the European Central Bank’s Governing Council, has told Cypriot newspaper Phileleftheros that eurozone recession concerns are “real and justified,” directly tying the ECB’s next move to the outcome of peace negotiations in Iran. The intervention lands seven days after the ECB held rates unchanged, a decision Christine …
NIKOSIA. The fears of a recession in the eurozone as a result of the Iran war are welcomed after the inclusion of Governing Council member Yannis Stournaras. "Sorrowing from a possible recession in the euro zone are real and justified," said the head of the Greek Central Bank in an interview published on Sunday by the Cypriot newspaper "Phileleftheros".
Fears of a recession in the eurozone as a result of the Iran war are justified, according to ECB Governing Council member Yannis Stournaras. "Concerns about a possible recession in the eurozone are real and justified," the head of the Greek central bank said in an interview published Sunday in the Cypriot newspaper "Phileleftheros." Stournaras pointed to "new negative supply-side disturbances" caused by the conflict.
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