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New pandemic wave could delay euro zone rebound, ECB's Lagarde says

A second wave of the coronavirus pandemic risks delaying the euro zone's economic recovery, European Central Bank President Christine Lagarde said on Tuesday

Topics
European Central Bank | Christine Lagarde | Coronavirus

Reuters  |  FRANKFURT 

Christine Lagarde
Christine Lagarde

FRANKFURT (Reuters) - A second wave of the pandemic risks delaying the euro zone's economic recovery, President said on Tuesday.

"We now fear that the containment measures that have to be taken by authorities will have an impact on this recovery, so instead of that V shape that we all long for and hope for, we fear that it might have that second arm of the V a little bit more shaky," she told the Wall Street Journal CEO Council in a pre-recorded conversation.

 

(Reporting by Balazs Koranyi; Editing by Alison Williams)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, October 06 2020. 16:03 IST
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