The outgoing ECB Vice-President Vítor Constâncio was out on the wires in the last hour and brushed off the recent soft patch in the Euro-zone economy, witnessed during the first quarter of 2018.
• Growth slowdown is not a serious matter
• Slowdown is not unexpected.
• ECB staff projections on growth are still valid.
• ECB hasn't discussed medium-term future of policy.
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