Bank of Slovenia Governor on Euro Economy

The transcript discusses the current state and future outlook of the European economy, highlighting a recent decline in business confidence, particularly in Germany. It anticipates a slight economic rebound in the latter half of the year, with continued growth into 2020. The discussion also addresses concerns over renewed trade tensions between the US and China, which pose significant risks to the eurozone's open economy. The upcoming Governing Council meeting in Vilnius will present new projections, with potential changes dependent on macroeconomic factors. Overall, the economy is perceived to be on the right track.

What recent data has shown a decline in business confidence, particularly in which country?

• France

• Spain

• Germany

• Italy

What is the expected trend for the European economy in the second half of the year?

• A significant decline

• Stagnation

• A slight rebound

• Rapid growth

How might renewed trade tensions between the US and China affect the eurozone economy?

• They are unlikely to have any effect

• They could boost the eurozone economy

• They will only affect the US economy

• They could negatively impact the eurozone economy

What is the nature of the European economy that makes it vulnerable to trade conflicts?

• Isolated economy

• Open economy

• Self-sufficient economy

• Closed economy

What will the upcoming Governing Council meeting in Vilnius focus on?

• Environmental policies

• Political reforms

• New set of economic projections

• New trade agreements