European Central Bank Vice-President Guindos stated that the growth prospects of the euro area have slightly improved.

European Central Bank Vice President Luis de Guindos said that the central bank's view on the Eurozone economy is slightly more optimistic, and there are positive signs of easing in some worrying inflation areas. This Spanish official stated that economic growth risks have become more balanced, and there are positive signs of easing in inflation, with service prices rising much better. "The growth situation is better than many people expected a few quarters ago," he said at a webinar hosted by Natixis CIB on Thursday. "The Eurozone economy is showing some resilience."