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ECB 'closely monitoring' implications of Ukraine invasion: statement

Published February 24, 2022 Updated February 24, 2022 02:50pm
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FRANKFURT: The European Central Bank said on Thursday it was monitoring events and the potential impacts for the eurozone economy, following the Russian invasion of Ukraine.

"The ECB is closely monitoring the implications of the situation in Ukraine," the ECB said in a statement.

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"It will conduct a comprehensive assessment of the economic outlook at the March meeting" of its policy-setting governing council, the statement said.