Mario Draghi believes in the recovery of the Euro zone in 2019 – The Economic Journal

Mario Draghi believes in the recovery of the Euro zone in 2019 - The Economic Journal


Mário Draghi believes that the Euro zone could recover even further this year as many of the global factors weighing on Eurozone growth appear to be declining. According to the agency "Reuters", the president of the European Central Bank keeps "alive the expectations of a recovery in the second half of the year."

Mario Draghi nevertheless left the alert for the factors of a hard-Brexit and a global commercial war, that undermine the confidence and jeopardize the growth of the economy.

Faced with an unexpectedly long and decelerating slowdown, the ECB kept interest rates unchanged earlier this week, promising an ultra-easy policy at least until this year, and keeping the door open for even more stimulus.



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