De Guindos says recent data shows a loss of momentum in the eurozone recovery

Recent data shows a loss of momentum in the economic recoverysaid the vice president of the European Central Bank (ECB), Luis De Guindos, in a speech scheduled for Monday.

Additional comments:

“EU countries are being affected by the second wave of coronavirus“.

Countries do not seem to want to impose strict blockades like those seen in March. “

“The bank consolidation it is a tool to strengthen the financial sector, but not an objective in itself ”.

Credits: Forex Street

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