ECB’s Centeno is “very worried” about the economy of Europe
Europe’s fighting economy worries economists – and the European Central Bank Police Mário Centeno echoes these images.
Centeno, the governor of the Portuguese bank “Squawk Box” of Squawk Box “on Friday, is very worried in Centeno.
On Thursday, the ECB, the gross domestic product expectations for the euro area in 2025, increased by 0.9% in 2025, the previously predicted 1.1% expansion. The Euro area has an increase of 0.1% in the fourth quarter near the seasonally adjustable GDP.
Centeno reflected the ECB statement, reducing the reduced export and investment in the growth worldview.
“SPECIAL INVESTMENT, I think it is very obedient in Europe. It will take four years to return to 2022 in 2022 and return to 2022 in the private sector,” he said.
“These are a ranks that raised some questions about the recovery in Europe,” Centeno said.
Concerns about the slow economy of Europe accelerated after re-threats of the US leadership tariffs in recent months. US President Donald Trump has already introduced the import of several major US trade partners and said that Europe could be the next goal.
But there is Often Policy Movement In the position of the US position, interruptions and results, continues and probabilities of mutual measures of mutual measures from targeted countries, delays and freedoms.
“Tariffs are a tax. They are both consumption and taxable and we know that the tax economy has a very openness,” said Centeno Friday, as a result of no-man’s tariff war.
A bright place in advance for Europe is a protection cost from the European Union from the back of this week from behind the US and Ukrainian relations before this week.
If such packages are “well-prepared,” they could have a positive impact on the European economy, Centeno said.
This week in Germany Announced their plans Before the proposal is applied, the offer must first pass some obstacles.
Reduces pre-added proportions?
Centeno, ECB appealed to Outlook for interest rates, and waited for the further trims.
“We think that the journey is very clear, although the European economy is carried out because of the ratio of inflation, but this rate is in the average inflation, but this includes more amendments,” he said.
However, the Central Bank should be “open” and especially due to the current uncertainty about economic policies, regardless of the meeting, regardless of the meeting, depending on the meeting.
ECB announced on Thursday Sixth interest rate From last June last year, the main rate is the proportion of the deposit object and another quarter value of another quarter. The movement was expected in the markets.
In a statement that declares the decision, the language of the “limiting” “restrictive” is a change in the language used to say that it is “meaningful meaning limiting”.
Comments on what this can mean for the upcoming ratio path separatedSome analysts and economists and economists suggested that politicians were further careful. Others said the Central Bank’s statement was cut in advance, but the break in the cutting period can now be on the horizon.
The markets were about 57% of ECB holding ratios, which are likely to decrease in the April policy meeting of the ECB holding in April.
Outside of the ECB statement, in the markets, what can happen from ECB can take into account the developments around tariffs and European defense spending.
“In April, the decision will start all the information we will get until the time,” said the central bank Centeno.
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