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MNI BRIEF: Europe Has Tools To Tackle Headwinds - EU Official

(MNI) LONDON
(MNI) Brussels

The Euro Area is well prepared to tackle any economic and market headwinds, a senior EU official said Tuesday. Speaking ahead of Thursday’s Eurogroup meeting, the official said rising bond yields would be part of the minister’s’ discussions.

“We have the tools and resources that will keep our economies on track and maintain calm market conditions,” the official said.

Finance ministers will discuss the macroeconomic situation in the euro zone on Thursday and hear a presentation from ECB President Christine Lagarde on the bank’s latest policy decisions, which have led to some volatility in the financial markets.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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