Coronavirus is 'new layer of uncertainty' for economy: ECB's Lagarde

The spread of the novel coronavirus in China and beyond presents "a new layer of uncertainty" for the European economy, European Central Bank chief Christine Lagarde said Wednesday.

READ: Cruise Ship Arrives In Hong Kong For Coronavirus Checks

"While the threat of a trade war between the United States and China appears to have receded, the coronavirus adds a new layer of uncertainty," Lagarde said at a speech in Paris, putting the disease on the same level as "global risks" such as trade tensions and geopolitical flashpoints.