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Eurozone may face financial, property bubble risk, ECB's Draghi warns

ECB President Mario Draghi warned about the risk of a financial bubble in the eurozone amid "mild signs" of overvaluation in the financial and real estate sectors.

Speaking at the IMF's International Monetary and Financial Committee's annual meeting in Washington, D.C., Draghi said, "The financial stability environment remains challenging, as the global economic outlook has deteriorated."

"There are mild signs of overstretched valuations in the euro area in some riskier segments of the financial markets, as well as in real estate markets, with marked differences across regions," Draghi added.