VENEZUELA: Econom & iacute; to & aacute will keep Eurozone; moderate recovery & oacute; n – EntornoInteligente

Mail orinoco / In its latest bulletin, the BCV said that domestic demand should be supported by further monetary policy measures and their favorable effect on financing conditions, as well as continuing improvements in the labor market

the economic recovery in the eurozone will advance at a moderate pace in the coming months by weakness in emerging countries and market volatility, said Thursday the Bank European Central Bank (ECB).

in its latest bulletin, the BCV said that domestic demand should be supported further by the monetary policy measures and its favorable impact on financing conditions and by continuous improvements in the labor market.

for the ECB’s low oil prices should give additional impetus to the real disposable income of households and private consumption support, as well as corporate profits and investment .

Under the leadership of Mario Draghi, the institution considers that the stance of fiscal policy in the euro area is slightly expansive, reflecting measures to help the refugees.

However, he warns that the economic recovery in the euro area continues to be hampered by weak growth prospects in emerging economies, the volatility of financial markets, the necessary adjustments in the balance sheets of some sectors and the slow pace of implementation of structural reforms.

the ECB also warned that public debt in the euro bloc will fall only gradually from current high levels, at a rate slightly lower than expected in December last year .

Source / CP Photo / File VENEZUELA: Eurozone economy remain moderate recovery

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