Eurozone slowdown faster than expected – ECB ...News

Economy by : (Russia Today) -
The tendency is beneficial, as weaker economic growth could help disinflation, policymaker Boris Vujcic says The European Central Bank expects the current slowdown in the Eurozone economy to help bring down inflation in the region, ECB’s Governing Council member and head of Croatia’s central bank, Boris Vujcic, told the Reuters Global Markets Forum on Friday. Vujcic acknowledged that growth is weaker than the regulator had projected, recorded at 0.3% in the second quarter. “If the economy slows down significantly faster, that will certainly then bring inflation down faster,” the ECB policymaker said, adding that t

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