News


ECB’s Villeroy: Even Under Severe Scenario, See French 2022 GDP Growth at 2.8%

ECB’s Villeroy: Even Under Severe Scenario, See French 2022 GDP Growth at 2.8%

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that even under a severe scenario, the economic shock related to Russian military aggression against Ukraine would not prevent the French economy from expanding this year by almost 3%.

14 March 2022
ECB’s Villeroy: This Shock Doesn’t Warrant ‘Whatever It Takes’

ECB’s Villeroy: This Shock Doesn’t Warrant ‘Whatever It Takes’

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Saturday said that the economic shock related to Russian military aggression against Ukraine did not justify a ‘whatever it takes’ response from monetary policy.

12 March 2022
ECB Insight: Lagarde Denies ‘In Any Way Accelerating’ the Normalisation Process

ECB Insight: Lagarde Denies ‘In Any Way Accelerating’ the Normalisation Process

By David Barwick – FRANKFURT (Econostream) – After only last month finally starting to take upside inflation risks as seriously as many of her European Central Bank Governing Council colleagues had taken them for some time, President Christine Lagarde made it clear on Thursday that, ‘watershed’ event or not, for now Russia’s assault on Ukraine was not going to deter the ECB from pursuing normalisation.

10 March 2022