The European Central Bank (ECB) has warned of lower long-term growth in the Eurozone, while France has indicated its deficit will remain within the limits imposed by the EU's stability pact.
Research by the ECB has revealed that the bank’s earlier long-term growth projections for the Eurozone, predicting growth between 2 and 2.5 percent, have been too optimistic.
The ECB figures concern long term growth, meaning "potential" growth over periods of several years independent from s...
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