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Added on the 22/04/2021 15:29:43 - Copyright : AFPTV - First images
The eurozone economy could shrink by five to 12 percent, but ECB foresees a recovery depending on the duration of the confinement measures aimed at curbing the outbreak and the policy responses to the pandemic, ECB chief Lagarde says. SOUNDBITE of Christine Lagarde
The Eurozone is recovering "strongly" from the impact of the coronavirus pandemic but the pace of growth is "moderated" by shortages, ECB President Christine Lagarde says in a press conference. SOUNDBITE
US Federal Reserve Chair Jerome Powell says the rise in Covid-19 cases has "slowed" the economy's recovery, during a press conference in Washington. SOUNDBITE
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
The European Commission has approved Greece's recovery plan, which will be financed by the bloc's multi-billion-euro coronavirus rescue fund to mitigate the economic impact of the pandemic, Commission President Ursula von der Leyen announces in Athens. Von der Leyen says "there is no doubt that it will deeply transform Greece's economy which will embrace the twin green and digital transition." SOUNDBITE