Sentences with phrase «stronger economic growth elsewhere»
Looking forward, euro - area exports will be helped by stronger economic growth elsewhere in the world, although the renewed appreciation of the euro in recent months will exert a dampening influence, and a sustainable recovery in the euro area will require a return to growth in domestic demand.
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The difficulty for the ECB in managing market expectations on monetary policy in the face of stronger economic growth was evident elsewhere in President Draghi's remarks, as he repeatedly stressed the need to keep the region's interest rates at current levels while the central bank winds down its QE program.