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Wednesday, 10 April 2019

The new EU Brexit round begins

At the present gathering, the European Central Bank will talk about the conditions and timing of the TLTRO program. In the meantime, the European Council will meet to examine the subsequent stages around Brexit. The information will indicate household swelling, which quickened by a tenth in March.

The log jam in worldwide interest, which is likewise reflected in the decrease in utilization and interest in the euro region, makes the European Central Bank wrinkles. Officially low financing costs and a frail money don't encourage the circumstance in the event that the euro zone economy needs another cash motivation. At the present gathering of the European Central Bank, the talk will rotate around more fragile monetary information, yet in addition about the states of the TLTRO3 program. He could be very liberal and increment the bank's accounting report for the time being. Yet, we don't anticipate any formal declaration today.

The European Council will likewise meet today to talk about further Brexit dealings. Recently, British Prime Minister T. May met German Chancellor A. Merkel and French President E. Macron, the present delegates of all nations should meet. As indicated by informal sources, the in all likelihood alternative is to broaden the season of takeoff from the EU by a while.

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