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.
Key Comments:
“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.”
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.