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Italy

Marked slowdown in eurozone growth says ECB chief

cde.news desk · 1 min read
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epa07315485 Mario Draghi, the President of the European Central Bank (ECB), speaks during a press conference following the meeting of the Governing Council of the European Central Bank in Frankfurt Main, Germany, 24 January 2019. ECB plans to keep rates unchanged at least through the summer of 2019. EPA-EFE/ARMANDO BABANI

Countries with high public debt like Italy should increase their efforts to cut it, European Central Bank Governor Mario Draghi.

Italy has the highest debt in the eurozone after Greece, at over 130% of GDP.

Draghi also said there were signs of marked slowdown in growth in the eurozone.
He aid the ECB would leave rates unchanged in 2019 and would make new loans to banks.

Via ANSA

 

Filed under Euro ZoneEurope ExplainedFinancial NewsItaly
Topics DebtECBEurozoneMario Draghi

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