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Added on the 14/04/2022 15:38:39 - Copyright : AFPTV - First images
Russia's war on Ukraine has 'will negatively affect' the eurozone economy and will have a negative impact on growth, European Central Bank President Christine Lagarde warns. SOUNDBITE
The European Central Bank slashes its growth outlook for the eurozone to 2.8 percent in 2022 and 2.1 percent in 2023, as Russia's invasion of Ukraine wreaks havoc on the world economy. SOUNDBITE
European Central Bank president Christine Lagarde says that the eurozone economy has weathered the fallout from Russia's war in Ukraine and surging energy costs better than expected. SOUNDBITE
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
The European Central Bank President, Christine Lagarde, warns governments against adding to their public debt, as they look to ease the pressure on households and businesses from soaring energy costs. "Governments should pursue fiscal policies that show they are committed to gradually bringing down high public debt ratios," she says during a news conference, adding that policymakers should pick measures that are "temporary and targeted at the most vulnerable". SOUNDBITE
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