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ECB Weidmann expects Eurozone recovery to accelerate slightly in 2016

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Córdoba) - ECB member and Bundesbank President Jens Weidmann said that the economic recovery in the Eurozone should accelerate marginally in 2016. He stated that the recovery is still too weak to reduce unemployment.

    Weidmann also said that Eurozone states need to continue budget consolidation and low rates give illusion of debt sustainability.
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