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Added on the 21/01/2021 15:34:53 - Copyright : AFPTV - First images
The economic outlook in the eurozone remains "clouded by uncertainties" because of the coronavirus pandemic, but an accelerating vaccination campaign should bring about a "firm rebound" in 2021, says ECB chief Christine Lagarde. SOUNDBITE
The eurozone's pandemic-induced recession is expected to be less severe than expected in 2020 at -7.3 percent, ECB chief Christine Lagarde says, but next year's rebound will be smaller than initially forecast. SOUNDBITE of Christine Lagarde
The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE
The economic outlook in the eurozone has "deteriorated", European Central Bank President Christine Lagarde warns after the institution implemented a fresh interest rate hike to tame inflation. SOUNDBITE of Christine Lagarde
European Central Bank President Christine Lagarde warns that the rapid rise in coronavirus cases fuelled by the Delta variant poses "a growing source of uncertainty" for the eurozone economy. SOUNDBITE
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