This content is not available in your region

Netherlands' Knot - European economy 'very much okay'

Netherlands' Knot - European economy 'very much okay'
President of Dutch central bank De Nederlandsche Bank (DNB) Klaas Knot arrives for the Frankfurt Finance Summit in Frankfurt March 19, 2013. REUTERS/Lisi Niesner (GERMANY - Tags: BUSINESS)   -   Copyright  Lisi Niesner(Reuters)
Text size Aa Aa

AMSTERDAM (Reuters) – Klaas Knot, the president of the Netherlands’ central bank, said that Europe’s economy is “very much okay” despite worries over trade wars, slowing growth in its major economies, and uncertainty over Brexit.

Speaking to Dutch television on Sunday, Knot, who also sits on the European Central Bank’s governing council, noted a troubling lack of inflation but added it was “premature to talk about a recession.”

(Reporting by Toby Sterling; Editing by Keith Weir)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.