24.Jan .2021 22:36

ECB’s Recovery Outlook


Christine Lagarde is in charge of ECB today. She argued that a rebound will come as pandemic uncertainty declines and that Europe possesses all the tools needed to overcome the crisis. Even with much of the 19-member euro-area in lockdown, Madame Lagarde continued to predict a recovery, provided that economic restrictions can be lifted from the second quarter and the bloc can overcome a ‘laborios’ start to vaccinations.

Christine Lagarde, President, ECB