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Added on the 27/07/2023 15:08:26 - 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 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
European Central Bank president Christine Lagarde says that the eurozone economy has weathered the fallout from Russia's war in Ukraine and surging energy costs better than expected. SOUNDBITE
European Central Bank president Christine Lagarde announces that ECB decided to raise its inflation forecasts, with consumer price growth now seen reaching 8.4 percent for 2022 before easing slightly to 6.3 percent next year. By 2024, inflation should average 3.4 percent before reaching 2.3 percent in 2025. SOUNDBITE
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
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