Eurozone economy expected to rebound in third and fourth quarters, Luis de Guindos, vice president of European Central Bank (BCE) said Wednesday.
Additional things to remember
“The euro zone is expected to grow by around 6% in 2021, the level of uncertainty is still very high.”
“It will take the euro area up to two years to fully recover and return to the situation before the current shock.”
“The euro area has already reached the lowest level in terms of economic activity.”
“The ECB is working to avoid fragmentation of the public debt markets within the euro area”.
EUR / USD ignored these comments and was last seen falling 0.05% on the day to 1.0840.