The European Central Bank (ECB) warns that rising trade frictions and regulatory hurdles may hinder euro area growth amid increasing uncertainty over US trade policy. Global trade momentum weakened at the end of 2024, with a projected growth rate decline. Despite strong US imports providing temporary relief, euro area economic activity remains sluggish, with GDP growth at only 0.1% in Q4 2024. Inflation is moderating but still above the ECB's target, and long-term competitiveness issues persist, necessitating structural reforms. Teljes cikk (Euronews.com)