Draghi bows out at ECB with warning on eurozone weakness

Mario Draghi blames slowing global economy, Brexit uncertainty and recession fears in Germany

Mario Draghi, the outgoing president of the European Central Bank, has warned that slowing global growth and Brexit uncertainty pose a risk to growth in the eurozone economy amid concerns that Germany remains on the brink of recession.

Speaking in Frankfurt after his final ECB policy meeting before stepping down, Draghi said the ECB was concerned that the economy of the 19-member currency bloc, which has slowed this year along with much of the global economy, faced "protracted weakness" going into 2020.