Low Nominal GDP `Toxic' for Euro Area, UBS Says

Low Nominal GDP `Toxic' for Euro Area, UBS Says Play

Aug. 29 (Bloomberg) -- Import and food prices are the two factors pushing the euro zone into a period of low inflation, says Paul Donovan, managing director of global economics at UBS AG. Donovan discusses European Central Bank stimulus and the outlook for growth. He speaks with Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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