ECB Shouldn’t Cut by Half-Point This Year, Holzmann Tells CNBC
The European Central Bank shouldn’t increase the size of its interest-rate cuts to perk up the region’s flagging economy, Governing Council member Robert Holzmann told CNBC.
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Background Brief: Why Europe is struggling to fill its investment gap
The EU is also facing numerous structural headwinds that suggest it will remain an economic laggard for the foreseeable future. These include high energy prices, weak domestic and external demand, ...