12/13/2019, 9:31 AM (Source: TeleTrader)
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ECB's De Guindos: UK election results eliminate uncertainty

Vice President of the European Central Bank (ECB), Luis de Guindos, said on Friday that the results of the snap elections held in the United Kingdom "eliminate uncertainty."

He added that the slowdown in the Eurozone has "bottomed out" after no-deal Brexit became less probable and risks related to the trade clash between the United States and China "have not materialized."

The central banker also called for structural reforms and fiscal policy to "take over" from monetary policy.

Breaking the News / NI