The European Central Bank (ECB) has again made clear its unconditional support for the European economy at a time when forecasts once again indicate a slowdown in the recovery as a result of the second wave of coronavirus. The increase in contagions and the restrictions to deal with it make the entity foresee a […]
Tag: Christine Lagarde
Lagarde bets on a global regulation of bitcoin for being “highly speculative”
The president of the European Central Bank (ECB), Christine Lagarde, has called for a global regulation of cryptocurrencies such as bitcoin, which it has described as a “highly speculative asset”, which, apart from “fun businesses” has also been shown to be used for “reprehensible activities” such as money laundering. “It is a highly speculative asset”, […]
Lagarde estimates that the ECB has “saved” one million jobs and will boost GDP by 1.3 points
The European Central Bank (ECB) estimates that the asset purchases it has made this year in response to the pandemic will raise the eurozone-as a whole gross domestic product (GDP) by 1.3 points, as well as “saving” one million jobs. This was explained by the president of the issuing institute, Christine Lagarde,in an interview with […]