European Central Bank (ECB) lawmaker Pierre Wunsch said Tuesday that he was surprised by the resilience of the eurozone economies, as reported by Reuters.
Additional comments:
“Household savings in 2020 and the beginning of 2021 are enough to finance private consumption growth above the 2019 level for 3-5 years. “
“The ECB is OK with financing conditions as they are“.
“The ECB can only keep financing conditions stable for a few months or a year.”
“If the economy improves strongly, it will have to mean some adjustment at some point.”
“If the economy clearly deteriorates, the ECB could extend the PEPP beyond March 2022“.
.
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.