Tag: U.S. election

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Trump's Election Could Negatively Impact European Economy, Says Bank of Greece Governor

The election of Donald Trump as U.S. President could negatively impact both American and European economies if his campaign promises are enacted, warned Yannis Stournaras, Governor of the Bank of Greece and ECB board member. Speaking at a public debt conference, Stournaras highlighted potential inflation and public debt rises in the U.S., alongside growth slowdowns and euro exchange rate fluctuations in Europe. He emphasized that the ECB’s monetary policy remains unchanged until more concrete policy details are revealed.