Europe can confirm itself as super power: ECB’s Kazachs

The uncertainty around trading tariffs is complicated, but the period of an uncertainty has the opportunity to confirm Europe as an economic and geopolitical superpower from CNBC from CNBC to CNBC.

“All this uncertainty and sensitivity is the time for Europe,” said Matthiņš Kazāks, a member of the Board of the European Central Bank.

“It said that Europe has realized all aspects of economic super strengthening and has a full-fledged political and geopolitical superpowy, and it does not require all decisions that are not completely implemented in the past,” he said. The Central Bank’s chief, capital markets, financial units, financial units and a single market in the services, asked for a market as an example of an integration needed.

“Political will, political will require these decisions and strengthen the European economy and put their place in the global world,” said Carolin Roth on the IMF-World Bank Spring meetings in Washington.

When the tariffs mean what the ECB mean, 25 Points dotted interest rate has been reduced “At the April meeting, Kazachs said decisions would be made,” this will be held from the meeting due to very weak visibility. “

“Uncertainty is very difficult,” he said, “Of course, it is a very sensitive situation for the global economy.”

“(Political) statements, political decisions and political environment and especially the tariff war, are the creation of this extremely high level of uncertainty.”

Kazach said that there should be very carefully monitored for any dramatic change in financial markets in the financial markets.

“So far, it looks more regular … but if one looks into Europe, financial markets have been working less or less, spread or spread such a thing,” he said.

“However, given the macro scenarios, macro scenarios, these uncertainty, possible results, more than one scenarios and their probability are very similar to the basic (tariff) scenario,” he said.

In early April, the US President Donald Trump, as well as the EU’s revenge counterparts. 90 days stood until JulyUpon completion of this period, there are concerns on a broader impact on regional and global economic growth.

The IMF predicts that the United States is a gross domestic product this week 1.8% would expand in 20250.9 percent of the January forecast. The Fund also reduced the global growth forecast this year to 2.8% this year and from 0.5 percent to the previous assessment.

In 2026, in 2026, in 2026, in 2026, in 2025, the Fund forecasted a short decrease in 2025 in 2025 GDP to hit 0.8% of GDP.

Kazach said that the IMF’s forecasts are on the optimistic side and the risk of global recession is “meaningless”.