ECB points on deflationary risks in Eurozone

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Mario Draghi, the president of the European Central Bank, announced on Friday that the Eurozone will face a considerable deflationary risk in the nearest future, as the inflation rate in the single currency region dropped to 0.7% in October from 1.1% in September, still being below the 2% target rate. Moreover, the ECB has few options remaining to deal with this threat.
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