ECB’s Lagarde: Economic Recovery Faster Than Anticipated

25 June 2021

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday claimed to be surprised at the strength of the euro area’s economic rebound.

In a post on LinkedIn under her name, Lagarde said there had been ‘good discussions’ at the European leaders’ summit.

‘The euro area economy is bouncing back faster than anticipated, but the recovery is only just underway’, she said. ‘Monetary and fiscal policies must continue to support each other to prevent the pandemic leaving lasting scars.’