ECB Economic Bulletin: risks skewed towards the downside in the medium-term

Below are some of the key highlights from the ECB's Economic Bulletin released this Thursday, providing analysis of current and future economic conditions from the central bank's viewpoint.

   •  The Euro-area economic expansion remains solid, broad-based and is expected to continue.
   •  Inflation expected to pick up towards the end of the year, then to increase gradually.
   •  The balance of risks for global activity has worsened and risks skewed towards the downside in the medium-term.