(ANSA) - ROME, MAY 06 - The progress of vaccination campaigns in Europe "should lay the foundations for a recovery in economic activity in 2021, although for a complete recovery it will be necessary to wait a few more times", and remains of "high uncertainty". The ECB writes in the Economic Bulletin, according to which "the timing of the easing of containment measures is not yet clear and further adverse developments associated with the pandemic cannot be excluded".
According to the ECB, inflation expectations "remain at low levels" and therefore "the very comfortable orientation of monetary policy" is confirmed. (HANDLE).