Europe Battles Rising Economic Risks as ECB Heads for QE Exit

(Bloomberg) -- The euro-area economy saw growth cut in half in the third quarter, and rising risks from global trade and weakening momentum are casting a shadow over the outlook. The European Central Bank will issue new projections on Thursday that will show how prospects for the next three years have changed. Any revisions are unlikely to derail policy makers’ plans to halt bond buying later this month -- after three years and purchases of 2.6 trillion euros ($3 trillion).

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

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