De Cos says December macroeconomic projections are likely to be revised downward

The next macroeconomic projections from the European Central Bank for December are likely to be revised downwards, said on Friday the member of the Governing Council of the ECB, Paolo Hernández de Cos, according to Reuters.

“The news of the covid vaccine are positive, but it will be some time before we see any positive impact in economic activity “, added De Cos.

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