Holzmann says the possibility that new political tools could be implemented cannot be ruled out

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The member of the governing council of the European Central Bank (ECB), Robert Holzmann, said on Thursday that there are signs of a sustainable recovery from mid-2021.

Additional comments:

The possibility that the ECB could implement new political tools cannot be ruled out.

Purchases from Pandemic Emergency Purchasing Program worked and they helped reduce spreads.

The lower deposit rates would have no effect.

There is an asset bubble risk, but still no real bubbles.

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