ECB’s Guindos sees the euro economy in a “very difficult situation”

The euro area is facing a “very difficult economic situation” that will test individuals and businesses, European Central Bank Vice President Luis de Guindos said.

The high inflation rates we are seeing across Europe coincide with an economic slowdown and low growth,” he told the Spanish Confederation of Young Entrepreneurs’ Associations in a December 16 interview published on the ECB’s website on Tuesday.

https://www.independent.ie/business/world/ecbs-guindos-sees-euro-economy-in-a-very-difficult-situation-42246565.html ECB’s Guindos sees the euro economy in a “very difficult situation”

Fry Electronics Team

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