ECB's de Guindos expects low growth or economic standstill in Q4 in eurozone

<p>ECB's de Guindos expects low growth or economic standstill in Q4 in eurozone</p><p><a href="https://piqsuite.com/reuters/eurozone-economy-to-contract-or-stagnate-in-q4-ecbs-de-guindos-says" target="_blank" rel="nofollow">FULL STORY</a></p><p>European Central Bank vice-president Luis de Guindos said on Tuesday the ECB expects an economic contraction or a standstill in the fourth quarter in eurozone.</p><p>"We have seen stagnation or negative growth in the third quarter and we expect this to continue in the fourth quarter,"</p><p>The eurozone gross domestic product contracted 0.1% in the third quarter from the previous one.

</p>

This article was written by Ryan Paisey at www.forexlive.com.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *