July 9, 2018 / 12:41 PM / a year ago

Trade wars, Brexit, capacity limits main eurozone risks - Nowotny

FILE PHOTO - Austria's National Bank, OeNB, Governor Ewald Nowotny speaks during an economics conference in Linz, Austria, July 5, 2018. REUTERS/Lisi Niesner

ZURICH (Reuters) - Trade wars, Brexit and potential capacity restraints that would limit growth are the main risks to the euro zone economy, European Central Bank Governing Council member Ewald Nowotny told a financial seminar in Zurich on Monday.

“For the euro zone the Brexit constellation is something we look at,” he said. “It is mainly a risk for the UK, but it also may pose risks and uncertainties for the euro zone.”

Reporting by Michael Shields

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