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Euro zone economy may avoid recession, Centeno says

17 Tháng Giêng 2023
Euro zone economy may avoid recession, Centeno says © Reuters. European Central Bank (ECB) governing council member Mario Centeno speaks during an interview with Reuters, in Lisbon, Portugal, March 15, 2021. REUTERS/Pedro Nunes

FRANKFURT (Reuters) - The euro zone economy may have outperformed expectations last quarter and ended 2022 with positive growth, European Central Bank policymaker Mario Centeno told the World Economic Forum in Davos.

"I also think that the economy has been surprising us quarter after quarter; the fourth quarter in Europe will be most likely still positive," Centeno said. "Maybe we'll be surprised also in the first half of the year."

The ECB predicted negative growth in both the fourth and first quarters before a rebound, so a positive outcome in the final months of 2022 would mean the bloc would avoid a recession, normally defined as two consecutive quarters of negative growth.

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02-02-2023 17:19:23 (UTC+7)

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1.0992

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1.0992

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 EUR/USD1.0992↑ Sell
 GBP/USD1.2336↑ Sell
 USD/JPY128.90↑ Sell
 AUD/USD0.7128Sell
 USD/CAD1.3286↑ Buy
 EUR/JPY141.69↑ Sell
 EUR/CHF0.9993↑ Buy
 Gold1,970.85↑ Sell
 Silver24.383Neutral
 Copper4.1550Neutral
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 Brent Oil82.71↑ Buy
 Natural Gas2.487↑ Sell
 US Coffee C178.68↑ Buy
 Euro Stoxx 504,219.45Buy
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 IBEX 359,219.89↑ Buy
 BASF53.335↑ Buy
 Bayer56.77↑ Sell
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 Adidas154.47↑ Buy
 Lufthansa9.800↑ Buy
 Siemens AG144.25↑ Buy
 Deutsche Bank AG12.010↑ Buy
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Cập nhật lúc 17:09:54 02/02/2023
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