ECB president says growth prospects in the single currency area have suffered and could worsen whether China’s slowdown bitesThe euro fell sharply and stock markets rose after the European Central Bank boss said he was alert to provide more stimulus to prevent the eurozone’s faltering economy being hit by worries over China.
The ECB’s president,Mario Draghi, said the eurozone’s growth prospects had suffered in recent months and could worsen whether the slowdown in China and turmoil in emerging markets took a turn for the worse.
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Source: theguardian.com