Business Maverick: ECB’s Visco Says There’s a Risk of a Recession in Europe

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European Central Bank Governing Council member Ignazio Visco warned that there may be an economic downturn in Europe.

ECB’s Visco Says There’s a Risk of a Recession in Europe

Ignazio Visco, governor of the Bank of Italy, during a Bloomberg Television interview on the sidelines of the G-7 meeting of finance ministers and central bank governors in Bonn, Germany, on Friday, May 20, 2022. The European Central Bank might be ready to increase interest rates for the first time in more than a decade in July, Governing Council member Visco said.

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