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🇪🇺#ЦБ #ECB #экономика #дкп #qeqt #европа #economicbulletin
ECB Economic Bulletin:

Outside Europe, North America is the most important external market for euro area SMEs

Labour market activity in the euro area is at a level comparable with the pre-crisis peak. The momentum in the labour market remains elevated, but is slowing somewhat

#дкп The 10 basis point rate cut was passed through to short-term euro money market rates

#торговыевойны The effects of tariff hikes in a world of global value chains. Tariffs can reduce the output of industries which rely on foreign inputs

Euro area composition of employment by age, gender and education has changed significantly