Economics
Draghi Readies for First New Year Speech as Economy Falters
- ECB president is addressing European Parliament in Strasbourg
- Germany dodged a recession but with weakest growth in 5 years
ECB President Mario Draghi
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Mario Draghi broke his silence on Tuesday after sitting through a month of growing doubts over the durability of the region’s economic expansion.
The European Central Bank president is making his first appearance of 2019 -- and probably his final one before the Jan. 24 policy decision -- at the European Parliament in Strasbourg. Comments in the morning marked the 20th anniversary of the euro with a call for more reforms, though the focus is on a longer address and closing remarks in the afternoon.