ECB warning: Profitability of eurozone companies affected by trade tensions caused by the US administration

Eurozone companies remain optimistic about their growth prospects but face pressure on their profits, partly due to trade tensions, according to a study published this week by the European Central Bank (ECB), cited by Reuters.
The eurozone economy has grown at a slower pace in recent years, with the long-awaited recovery slow, but companies continue to employ a high number of employees amid optimism about a positive outlook.

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