Economics
How Draghi's Economic View Stacks Up Against the Executive Suite
- ECB president says recent euro-area weakness is temporary
- Eurostat due to publish third quarter GDP data on Tuesday
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When Mario Draghi talks about the economy, the European Central Bank president often uses abstract language such as the “balance of risks.” For a real-world view, there are thousands of companies that can add color to the story.
With the corporate earnings season in full swing, businesses from across Europe are giving their take on a quarter that saw the region’s largest economy stall, trade tensions weigh on demand and higher energy costs eat into profit margins. Amid a global selloff, European stocks have fallen sharply this month.