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12 September 201915.38 The measures decided by the ECB directive are "a response" to the "low inflation" and to the "weakness of the economy". The president of the Eurotower, Draghi, explains this during a press conference. It remains "downside risks," he says. And announces that the ECB has revised its Eurozone GDP estimates downwards, cut for this year from 1.2% to 1.1% and for 2020 from 1.4% to 1.2% . Also lower inflation estimates from 2019 to 2021 (1.2% this year, then + 1% and + 1.5%). Draghi returns to solicit reforms and investments.Draghi: still risks, down Eurozone GDP
2019-09-12T13:50:24.171Z
15.38 The measures decided by the ECB board are "a response" to the "low inflation" and to the "weakness of the economy". The president of the Eurotower, Draghi, explains this during a press conference. It remains "downside risks," he says. And announces that the ECB has revised its Eurozone GDP estimates downwards, cut for this year from 1.2% to 1.1% and for 2020 from 1.4% to 1.2% . Also lower inflation estimates from 2019 to 2021 (1.2% this year, then + 1% and + 1.5%). Draghi returns to solicit reforms and investments.
Source: rainews