The chief economist of the European Central Bank (ECB), Philip Lane, has offered an optimistic economic outlook, suggesting that the euro zone economy will return to 2019 levels in the spring of 2022..
Additional comments:
“The road to recovery will be long.”
“But the economy is going to grow rapidly“.
“Fiscal and monetary efforts are still needed to support the recovery.”
“The ECB will evaluate the PEPP in June, it could increase or reduce purchases“.
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