Eurozone businesses remain optimistic, ECB expects to temporarily postpone interest rate cuts to observe the impact of tariffs.
According to the report from the Wisdom Financial APP, a survey released by the European Central Bank on Monday shows that Eurozone businesses remain optimistic about their own prospects for development, but are also facing pressure on profits, partly due to trade tensions. The European Central Bank stated in its quarterly survey report on business financing methods that 8% of companies reported an increase in turnover in the past three months, and another 23% of companies are optimistic about their development in the next quarter. However, the profitability of businesses continues to deteriorate, with small and medium-sized enterprises being more affected.
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