Ad
European business called on the ECB to act to spur growth - but to no avail (Photo: European Commission)

European business frustrated by ECB

Eurochambres, the group representing business associations all over Europe, issued a plea today (4 December) to the European Central Bank (ECB) to stimulate growth in the euro zone by cutting interest rates.

Presenting Eurochambres' annual economic survey, its President, Christoph Leitl, compared growth expectations in Europe unfavourably with those of the US.

"Growth expectations in the United States are twice as high as in Europe, whilst interest rates are half of those here. ...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
European business called on the ECB to act to spur growth - but to no avail (Photo: European Commission)

Tags

Ad
Ad
Ad