ECB's Vasle sees likely need for further ECB action


© Reuters. ECB’s Vasle sees likely need for further ECB action

LJUBLJANA (Reuters) – Global economic conditions are “very complicated”, ECB governing council member Bostjan Vasle said in an interview with National Radio Slovenia aired on Sunday, adding: “our (ECB) action will probably be necessary in the coming months, quarters and years.”

He said risks include U.S. economic policy which is destroying the system of free international trade, a potentially hard Brexit and the economic slowdown in China.

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