ECB’s De Guindos: Euro area’s ongoing economic recovery faces renewed global headwinds

Reuters reports the latest comments by the European Central Bank (ECB) Vice President De Guindos, with the key headlines found below.

 Risks to economic growth are tilted to the downside.

Euro area’s ongoing economic recovery faces renewed global headwinds that are weighing on the economic outlook.

EU’s Tusk asks European Parliament to approve von der Leyen - Reuters

European Council President Donald Tusk was on the wires last hour, citing that he asked the European Parliament to approved Germany's Ursula von der L
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Eurozone: Retail sales drop again – ING

Bert Colijn, senior economist at ING, notes that Eurozone’s retail sales declined by 0.3% month-on-month in May, casting doubt on the strength of the
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