The euro zone economy remains weak, with exports declining. This was stated by the president of the European Central Bank (ECB), Christine Lagarde, in a briefing. RIA News.
“Consumers continue to cut spending and companies are reducing exports, reflecting slowing external demand and some decline in competitiveness,” he said.
The ECB president stated that low inflation and high wages should lead to increased incomes and stimulate economic growth.
According to Lagarde, the negative impact of the European Central Bank’s recent interest rate hikes will weaken, which will lead to an increase in demand for exports from eurozone countries.
Before this, the ECB finished For the first time in 19 years, 2023 was at a loss. The regulator expects to return to stable profits in just a few years.
bank in january was recorded A record annual rate of 4.5%, despite forecasts of policy easing.
Previously Deripaska said About the possible future of the Russian economy in five years.