Mario Draghi rejects global recession fears and says refugee crisis is an opportunity

Discussion in 'Market News' started by Lily, Jan 22, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Davos audience hears ECB president play down fears of global downturn and says EU can boost growth if it copes together with the refugee influx

    Mario Draghi, the president of the European Central Bank, has said coping with the refugee crisis will be a boost for growth and brushed aside fears that the turmoil in global markets heralds the start of a recession.

    Draghi said it was important that Europe worked together to turn the challenge of coping with refugees into an opportunity and said one knock-on impact would be higher public spending.

    Related: Davos 2016: Refugee crisis will change Europe, says Draghi - live

    Continue reading...

Share This Page

free forex signals