European Central Bank
President Mario Draghi said Monday growth in the eurozone "is
gaining momentum" thanks in part to a weaker euro, lower energy
prices and stronger demand. Inflation will remain low until the
end of 2015 and could dip into negative figures in the coming
months. "The basis for economic recovery in the euro zone has
clearly strengthened," Draghi told the EU Parliament. "Inflation
will remain very low or negative in the coming months...but the
rate will begin again to gradually increase at year end".
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