ECB lifts 2017 growth, inflation forecasts
Frankfurt am Main
Frankfurt am Main - Arab Today
The European Central Bank lifted Thursday its 2017 forecasts, with president Mario Draghi saying the bank expected growth of 1.7 percent and inflation of 1.3 percent by then.
In September, the bank had pencilled in 1.6 percent growth and inflation of 1.2 percent for next year. For 2018 the bank sees 1.6 percent growth and 1.5 inflation.
Draghi also unveiled the bank's first projections for 2019, forecasting growth of 1.6 percent and inflation of 1.7 percent -- closing in on the ECB's target of just under two percent.
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Beirut - NNA
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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