Remarks by ECB vice president, Luis de Guindos
- Eurozone growth supported by underlying strength of domestic activity
- Bolstered by strong labour markets, favourable financing conditions
- International trade remains weak
- Uncertainty surround future trade relationships remain elevated
- But forward-looking survey indicators show tentative signs of mild improvements
- Eurozone economy still needs strong support from monetary policy
- ECB is attentive to possible side effects of current policy measures
The usual stuff as they continue to take the glass half-full approach in light of recent developments with the coronavirus outbreak as well. His full speech can be found here.
