Coronavirus impact on euro zone economy to be temporary - Centeno


FILE PHOTO: European Union (EU) flags fly in front of the European Central Bank (ECB) headquarters in Frankfurt, Germany, December 3, 2015. REUTERS/Ralph Orlowski

BRUSSELS (Reuters) - The head of the Eurogroup Mario Centeno said on Monday he expected the impact of the coronavirus outbreak on the euro zone economy to be temporary.

"We expect it to be a temporary effect," Centeno told reporters in Brussels, adding that the EU should carefully assess developments also for the long-term.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Azerbaijani, Iranian FMs discuss regional tensions in phone call
Kenya launches Huawei-supported AI disability project to promote digital inclusion
China's zero-tariff policy to fuel Zimbabwe's rural industrialization: trade agency
Urgent: Trump threatens to increase tariffs on auto imports from EU to 25 pct
Roundup: Stakeholders urge stronger African support measures as China's zero-tariff policy boosts exports
Trump says he spoke with Iraq PM-designate, voices strong support
Urgent: Trump's plan to impose 25-pct tariffs on EU cars is unacceptable: senior EP official
Cuba's Raul Castro joins May Day march as tensions simmer with US
Over 500 detained in Istanbul for defying May Day ban
Kenya to see export surge under China's zero-tariff trade deal: official

Others Also Read