Frankfurt: Eurozone growth will continue to recover slowly but risks are tilted to the downside due to uncertainty over Britain's referendum on European Union membership and to sluggish emerging markets, the European Central Bank said on Thursday.
Presenting an outlook that is consistent with its June 2 policy statement, the ECB said it expects domestic investment to rise further and consumer spending to be sustained at a relatively strong level, with major risks coming from outside the 19-member currency bloc.
Presenting an outlook that is consistent with its June 2 policy statement, the ECB said it expects domestic investment to rise further and consumer spending to be sustained at a relatively strong level, with major risks coming from outside the 19-member currency bloc.
© Thomson Reuters 2016
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