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Downside risks for Eurozone – ECB’s Liikanen

FXStreet (Mumbai) - The European Central Bank (ECB) Liikanen was on the wires today stating there are downside risks to the Eurozone economy despite which the currency bloc is performing “rather well”.

Liikanen said there are big risks to inflation, while adding that the threat to the outlook comes from Emerging market slowdown. He said the Eurozone demand is resilient and the strength and persistence of factors keeping inflation from returning to target need thorough analysis.

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