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Interview with Nikkei 26 May 2021 What’s your assessment of the current economic situation in the euro area? Philip Lane said that we are now at an inflection point… The lesson from last year is that we should be careful about declaring victory too soon. We received positive data over the summer, everybody was celebrating the end of the pandemic, and we know how that turned out: the economy went into a double-dip recession. The outlook is now improving. We expect a rebound in the second half of the year, supported by the acceleration in vaccinations, the firming of global demand and, domestically, by the deployment of Next Generation EU funds. The recovery in tourism flows, which hopefully will last more than a couple of months like last year, will be emblematic of a gradual normalisation.

United statesUnited kingdomJun ishikawaKlaas knotFabio panettaEuropean central bankExecutive boardPhilip laneNext generationGoverning councilApple payGoogle payஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஜூன் இஷிகாவாகிளாஸ் முடிச்சு