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
France's Macron set to press China's Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera's local operations
Ukraine eases some wartime capital controls for businesses
Labour mayor wins cap triumphant election run for Starmer
100 years on, SICCI to focus on internationalisation, digitalisation and sustainability
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments