Eurozone industry outlook 'worse and worse', says Draghi

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Draghi also points to other major risks, including geopolitical tensions as well as 'the possibility of a hard Brexit'. FMTNews

Mario Draghi, president of the European Central Bank , arrives for an International Monetary Fund governors group photo in Washington DC, US.

“This outlook is getting worse and worse in manufacturing, and it’s getting worse and worse in countries where manufacturing is very important, and because of value chains, this propagates all over the eurozone,” he told journalists. But Draghi also pointed to other major risks, including geopolitical tensions as well as “the possibility of a hard Brexit”.

 

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