ECB's Constancio warns of fallout from Paris attacks
Tweet
Share
E-mail
European Central Bank (ECB) Vice President Vitor Constancio attends a news conference by ECB President Mario Draghi after a meeting of the ECB Governing Council in St Julian's, outside Valletta, Malta, October 22, 2015. REUTERS/Darrin Zammit Lupi
FRANKFURT (Reuters) - A top European Central Bank policy setter warned on Monday that the "terrible" attacks in Paris could hurt investor confidence.
"It can compound all the problems that we were already facing," said Vitor Constancio, who sits on the ECB's Executive Board, when asked about the deadly attacks in Paris that have been claimed by Islamic militants.
"Markets, so far, are taking it calmly," he said, adding, however, that the attacks could lead to events that would undermine confidence.
"Forthcoming events ... will impact confidence and possible risk aversion," the ECB's vice president said.
(Reporting By John O'Donnell; Editing by Francesco Canepa)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wall St futures muted as investors monitor US-Iran negotiations
- Natural Gas Inventory 73 bcf vs 78 bcf Expected
- Housing Starts (May) 1.18M vs 1.43M Expected
Create E-mail Alert Related Categories
Economic Data, Fed, Forex, ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
