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The eurozone economy is showing itself to be “more resilient than expected”, says Christine Lagarde

2023-02-02T15:30:00.426Z


During a press conference, the President of the ECB announced a recovery “over the next few quarters”.


The euro zone economy is proving "

more resilient

" than expected in the face of headwinds from the energy crisis and the war in Ukraine, European Central Bank President Christine Lagarde told a press conference on Thursday. .

Read alsoThe markets play lying poker with the ECB

Despite "

weak global activity and high geopolitical uncertainty

", the euro area economy "

is proving more resilient than expected and should recover in the coming quarters

", thanks to "

bottlenecks reduce

" and "

the gas supply has become more secure

", she said.

SEE

ALSO

- Inflation: faced with "exceptional uncertainty", Lagarde announces new forecasts

Source: lefigaro

All news articles on 2023-02-02

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