If a high proportion of the population is vaccinated for the summer, a strong economic rebound is expected in the second half of the year, he said on Thursday. the vice president of the European Central Bank, Luis de Guindos, according to Reuters.
Additional declarations
“The eurozone economy is very likely to contract in the first half of 2021.”
“Eurozone inflation is slightly stronger than expected in January-February.”
“The intervention of the ECB has prevented a debt crisis in some countries.”
Market reaction
These comments do not appear to have a significant impact on the shared currency. At the time of writing, the pair EUR/USD it was down 0.35% to 1.1770.
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