ECB's Praet says euro zone economy improving

ECB's Praet says euro zone economy improving

FRANKFURT - The euro zone economy is improving, but the recovery remains fragile with low inflation and subdued credit, European Executive Board member Peter Praet said on Tuesday.

"Things are improving, but it is still a fragile environment," Praet, who is in charge of the ECB's economics portfolio, said in a speech at the Euro Finance Week conference in Frankfurt.

Praet said inflation was low, but inflation expectations were solidly anchored.

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