Euro zone economy, inflation are stabilizing: ECB’s Mersch

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Yves Mersch, Member of the Executive Board of ECB, speaks during an economics conference in Linz
FILE PHOTO: Member of the Executive Board of the European Central Bank (ECB) Yves Mersch speaks during an economics conference in Linz, Austria, July 5, 2018. REUTERS/Lisi Niesner

January 14, 2020

FRANKFURT (Reuters) – Economic growth and inflation in the euro zone are showing “good signs of stabilization” after a slowdown, European Central Bank board member Yves Mersch said on Tuesday.

“The economy is giving good signs of stabilization,” Mersch told a conference, adding later that “the same goes for inflation”.

(Reporting By Balazs Koranyi; Editing by Francesco Canepa)

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