European economy would suffer from Trump tariffs, ECB's Stournaras says By Reuters

Last Updated: November 7, 2024Categories: EconomyBy Views: 9

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ATHENS (Reuters) – The European economy would undergo if Donald Trump enacted his pledges on tariffs and change obstacles, and this might perchance perchance perchance impact European Central Bank policy, Greek Central Bank chief Yannis Stournaras stated on Thursday.

© Reuters. FILE PHOTO: Member of the ECB governing council and Governor of the Bank of Greece, Yannis Stournaras talks within the future of an interview with Reuters in Athens, Greece, October 11, 2023. REUTERS/Louisa Gouliamaki/File Describe

“This might perchance perchance perchance beget a detrimental impact on the European economy and this can also beget an implication for the commerce payment… so this has certain implications for our monetary policy,” Stournaras instantaneous a conference.

He added that the real consequence relied on what policies might perchance perchance be applied by the incoming U.S. administration and ECB policy would proceed on its newest direction while the enviornment awaits concrete steps from Washington.

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