From ECB board member De Guindos
- Eurozone recovery slowed in 2018 but from a high pace
- Growth has slowed earlier than expected
- Risks remain broadly balanced
- We remain confident in goals
- Uncertainty about the projected path of inflation has diminished
- Here's the full text
"In the first half of 2018, growth weakened from its very high rates of last year, partly reflecting lower exports, compounded by temporary supply-side constraints at national and global level."
His idea of 'very high pace' is evidently much different from mine. The eurozone grew 2.1% in 2017.
