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Inflation weaker than forecast says Draghi

EU cohesion being tested, uncertainty bad for economy

Redazione Ansa

(ANSA) - Brussels, February 1 - Eurozone inflation is proving weaker than December forecasts, European Central Bank President Mario Draghi said Monday. "Conditions have changed since December," Draghi told the European Parliament. Internal demand is driving a moderate recovery, but uncertainties over emerging economies, market volatility, and geopolitical risks may drive prices lower, he said. "European cohesion is being tested," he added. The EU faces challenges that "require a strong European response," Draghi said.
    "There is still political uncertainty over the European project," he went on. "A solution firmly anchoring Great Britain to the EU, while at the same time allowing the eurozone to integrate further, would help shore up confidence," Draghi told MEPs.
   

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