ZCZC
BCN-02
EU-EUROZONE-ECONOMY-HEALTH
Eurogroup chief says coronavirus ‘temporary’ drag on economy
BRUSSELS, Feb 17, 2020 (BSS/AFP) – Eurogroup chief Mario Centeno on Monday said the effects of the coronavirus outbreak on the European economy would be short-lived despite its big impact on China.
“We expect it to be a temporary effect,” said the Portuguese finance minister who also chairs the monthly meetings of his eurozone counterparts.
“We must be concerned with that, but we also need to look at the more long term prospects of growth for the euro area and those look good at this stage,” he told reporters in Brussels.
BSS/AFP/MMA/2020HRS