EUR

Eurozone’s economic expansion has meet economists’ expectations. Eurozone’s GDP growth was 0,4% in the first quarter of 2019 as compared to 0,2% growth in the last quarter of 2018.

The European Central Bank has taken the decision to postpone its first Interest Rates hike until the mid-2020. ECB has revised their economic growth forecasts for better ones. The head of the central bank thinks that economic risks are still low despite global uncertainty and emerging markets vulnerabilities.