SUBSCRIBERS
ECB says 2016 was best year since crisis
It kept deflation at bay and nurtured recovery in the eurozone
Published Mon, Apr 10, 2017 · 09:50 PM
Frankfurt
THE European Central Bank (ECB) on Monday judged that it had a successful 2016, arguing in its annual report that it had warded off deflation and nurtured economic recovery in the eurozone.
"Though the year began shrouded in economic uncertainty, it ended with the economy on its firmest footing since the crisis," president Mario Draghi wrote in a foreword.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
China firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs