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Lagarde: The Resurgence In Covid-19 Infections Is Weighing On Services Sector

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Hearing at the Committee on Economic and Monetary Affairs of the European Parliament

From ecb.europa.eu

Thank you very much for giving me the opportunity to speak to you today as part of our regular hearings. We continue to be confronted with serious circumstances, from both a health and an economic perspective. Pandemics are highly infrequent and unpredictable events, and consequently the economic outlook is characterised by high uncertainty. The key challenge for policymakers will be to bridge the gap until vaccination is well advanced and the recovery can build its own momentum. In this situation, it is pivotal that public policies chart a clear way forward and inspire confidence in EU citizens. Good public policies ... (full story)

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