(ANSA) - ROME, JUN 21 - "The outlook for the economy is really improving as the pandemic situation improves, vaccination campaigns go on and confidence is starting to grow". ECB president Christine Lagarde said in a hearing in the European Parliament, explaining: "We expect economic activity to accelerate starting this quarter, thanks to the support of fiscal and monetary stimulus and a vigorous rebound in service activity in particular" .
According to the president of the ECB, moreover, "a tightening of rates now would be premature and would create risks both for recovery and for inflation prospects". (HANDLE).