Euro zone growth relies on global pull: ECB's Draghi

 WASHINGTON: The euro zone's growth prospects depend on those of the rest of the world, European Central Bank President Mario Draghi told fellow financial policymakers on Friday.

"The outlook for the euro area fundamentally depends on global growth momentum," Draghi told the International Monetary and Financial Committee of world central bankers and finance ministers in Washington.

"The escalation of trade tensions, the downturn in global manufacturing and a turn in the tech cycle have increased the euro area's external headwinds," he added.