ECB: Schnabel, war in Ukraine may delay exit from Qe

(ANSA) - ROME, FEBRUARY 24 - The conflict in Ukraine could delay the exit from the monetary stimulus of the ECB.

This was said by Isabel Schnabel, a member of the executive committee of the ECB, in what appears to be a reversal of the intention to normalize monetary policy.

    Schnabel explained that the uncertainty associated with the Russian invasion requires a step-by-step, data-driven approach.

The ECB - she added - is ready to counter serious repercussions on the markets.

(HANDLE).