The post-coronavirus pandemic recovery in the euro zone is likely to be delayed somewhat, although it could accelerate from mid-2021said the president of the European Central Bank (ECB), Christine Lagarde, in an interview with Le Journal du Dimanche.
“We hope that the rebound accelerates in the middle of the yeareven if uncertainties persist. “
“Let’s be clear: we will not see a return to pre-pandemic levels of economic activity before mid-2022“.
“The plan must be ratified in time for the European Commission to borrow as planned next June and then distribute the funds.”