Lagarde says the ECB does not see a recession in the eurozone

European Central Bank does not foresee a recession in the eurozone, although tariff negotiations may take a long time

The President of the European Central Bank (ECB), Christine Lagarde, has expressed her confidence that the euro area will be able to prevent its entry into recession this year, despite the substantial slowdown in growth anticipated by the International Monetary Fund (IMF) in its latest macroeconomic forecasts, published on Tuesday, as a result of the uncertainty generated by the tariffs imposed by the United States and the countermeasures announ…