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The economy of Europe’s economy is boring – and Senior Bank Bank Poolymer Mário Centeno, ECO you see.
“I’m very concerned with European economy, a hundred hint of Portugal’s bank, he said Cnbc’s” Halawk Box Europe “on Friday.
Thursday, expectation of the gross product for the euro area to 0.9% increase in 2025, down by an expansion 1.1% previously. The euros of airline airline the becoming seasoned seasonal seasoned season exked a 0.1% increase in the fourth quarter.
Centeno linked the revision of the useless growth for reduced sports and investments, ecoing the statement of the eCB.
“Special Investment, Fire, quite subscribed in Europe for us to return to the 2023 investment Xivel in the private sector of the accommodation investment [and we will be] Return to 2022 levels in 2028 “, explained.
“These are numbers that grow some questions about recovery in Europe”, “Centeno added.
Concerns about the economy of Encnae have accelerated in recent months, follow the repeated threats of the fees from the US Administration. Your US Donald Trump President has already introduced the functions on the imports from many US trade books and indicated that Europe could be the next goal.
But there is frequent policy movement In the United States position, delaying the exemptions and exemptions is not placed and commit to reciprocal measures from direct countries.
“The rates are a tribute. I am a tribute on taxeses and soak us that stretch very light to the economy” Notice that no one should be given by a fee war.
A bright place forward for Europe could be a defense potential expense, which has been introduced first week of the rear of pit between the United States and Ukraine.
If you tests are “Well thought”, they could have a positive imply in Europe’s economy, Cento said.
Germany as well as this week advertised plans For infrastructure proobs and defense, although the proposal must first pass some wavy before being implemented.
More freshest rate fees?
Centeno also addressed the accommodation of ECB Interest, signaled more Trims were forward forward.
“We think that the trip is very cool, even these rate cuts [were] Implemented because European economy is in our own aimless, but this includes another purpose, but this includes another purpose, but this includes another purpose, but this includes another purpose, but this include another purpose, but that
However, the central bank was required “and follow a approach depends on data, in meeting, especially as well as economic policies, Cento said.
The eCB on Thursday announced his sixth of the sixth interest Cut by the June last year, taking his keyword, the quarter facility beat, the quarter, another fourth lowest point to 2.5%. The move was widely predicted by markets.
In a statement by annoying the decision, also beside the tongue has been the monetary policy “has been so restricted”, a change in the previous description of “repressive.”
Interpretation of what this might involve for the rate path forward Divergedwith some analysts and econists say suggested policed ones become more cautious on target of taric. Others told the Bank Bank statement has indicated more cut forward, but that a break in the cuttle’s cycle could now be on the horizon.
The markets have been latest valuables in a turn around 57% of Chancee of the Rate Holding Stebatru During their monetary meeting and a 43% provision.
Beyond the UCB statement, markets also proposals with a fares and defense European defense in its assessment of that place.
“April decision take on board of all information, we will arrive until,” Central Center Center commented.
