Economic news

Review: ECB to hold one's own on the eve of risky elections

The European Central Bank intends to maintain the course of monetary policy at a meeting on Thursday, taking into account the high-risk elections in France and the Netherlands, where there is a rise in populist sentiment, which threatens to undermine the recovery in the euro area.

Despite the fact that economic growth and inflation are both recuperating, it is expected that the ECB will resist calls for tougher policies, indicating to political risks, weak basic price increase and a still weakly recovery almost a decade after the economic crisis began.

This time the prospects are improving. Economic sentiment has reached a six-year high, trade is recovering, manufacturing services and products are growing, and unemployment is at its lowest level since 2009, indicating that the economy is in the best condition in all that time.


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