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ECB' Lautenschlager: Eurozone countries still face very large domestic vulnerabilities

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - ECB's executive board member Lautenschlager, crossed the wires over the weekend, noting that Eurozone countries still face very large domestic vulnerabilities related to the high stocks of debt, both public and private, and to a large number of structural rigidities.

    Additional headlines

    Monetary policy can not carry the burden alone

    Govts must undertake reforms while loose monetary policy buys them time

    Our main concern is that across euro areas domestic vulnerabilities are still very large which implies a limited ability to withstand adverse external shocks and to kick start a new phase of sustainable growth
    For more information, read our latest forex news.
     

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