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Why the European Central Bank Is Optimistic about Growth

Ricky Cove
Why the European Central Bank Is Optimistic about Growth

At its April 26 meeting, the ECB’s (European Central Bank) governing council sounded optimistic about the European Union’s growth momentum. Speaking at a press conference after the meeting, ECB president Mario Draghi acknowledged evidence of a pullback in economic growth from the previous quarter, but maintained the view that economic growth in the Eurozone (HEDJ) will remain solid and broad-based.