ECB’s Praet: recovery in the Eurozone stabilises further

FXStreet – The ECB’s chief economist Peter Praet gave a speech at the Association of Banks in Bulgaria, Sofia, Reuters reported.

Important Points:

• Recovery in the Eurozone stabilises further

• The recovery takes place on a broad Front in the sectors and countries

• In June, the Council will evaluate the latest information

• We will make new projections, and the risks to the economy and to estimate prospects

• The current inflationary pressures, there is little evidence for a convincing upward trend, especially since wage growth remains subdued

** FXStreet News Editorial, FXStreet**

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