February 5, 2020 / 12:28 PM / 20 days ago

ECB chief warns of growing risk from coronavirus

FRANKFURT, Feb 5 (Reuters) - The coronavirus outbreak in China is adding to global economic uncertainty, compounding already ample risk from trade protectionism, European Central Bank President Christine Lagarde said on Wednesday.

“The short-term uncertainties are mainly related to global risks – trade, geopolitical and now the outbreak of the coronavirus and its potential effect on global growth,” Lagarde said in a speech in Paris.

“While the threat of a trade war between the United States and China appears to have receded, the coronavirus adds a new layer of uncertainty.”

Reporting by Balazs Koranyi; Editing by Kevin Liffey

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