ECB's Draghi flags risks to economy

The European financial organisation can contribute its share to serving to the economic recovery, its president aforementioned on Monday, warning, however, of threats to the economy as well as from rising markets.

"Growth prospects ar slowly rising in advanced economies, however the outlook in rising markets is a lot of subdued. Overall, growth is low by historical standards," Mario Draghi told lawmakers within the European Parliament.

"The ECB is willing to contribute its share to making sure that the recovery remains firmly on course," he said, before listing risks that would undermine the economy.

He aforementioned these risks were the worldwide economic setting, the money system's state of affairs, economic policies of monetary unit zone member states and political uncertainty close the "European project".