(ANSA) - BRUSSELS, SEPTEMBER 28 - "The impact of the Coronavirus is still in the euro area, businesses have difficulties, people lose their jobs, prospects for the future remain uncertain", and "the recovery remains uncertain, incomplete and unbalanced": ECB president Christine Lagarde said this when speaking to the economic commission of the EU Parliament.
Consumers have resumed spending but "remain wary of anxiety about their jobs and wage prospects," and uncertainty also weighs on business investment plans, he added.
The monetary policy measures taken since March have provided crucial support for the economic recovery ", without them" we would have a deeper contraction and a more severe reduction in inflation. "Therefore" in the current environment of high uncertainty "the board of governors" stands ready. adjust its tools, appropriately, to ensure that inflation is moving towards the target in a sustained manner, in line with its commitment to symmetry. "It is now important to ensure that Next Generation EU funds are used not only on time but also in a to increase long-term growth and support European objectives If we succeed, NextGeneration EU could be the 'game changer' Europe needs (ANSA).