Eurogroup Head Centeno: There are mounting risks to the Eurozone economic outlook

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The head of the Eurozone finance ministers (Eurogroup), Mario Centeno, was recently quoted by Reuters, saying that we should not tighten policies if there is a further downturn.

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Most notably Brexit.

Governments will get beck from Eurozone budget at least 70 percent of what they put in.

Meanwhile, EUR/USD mounted the key 1.10 barrier amid broad US dollar weakness triggered by reduced safe-haven flows on fresh US-China trade optimism.

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