“We believe it will likely be difficult to maintain positive growth in the fourth quarter“Yves Mersch, European Central Bank (ECB) policy officer, said in an interview with the Financial Times (FT) on Wednesday.
“Although if we look at the German figures, Germany could do it“, has added.
Additional comments:
“Given the the consequences of this pandemic are likely to last longer than anticipated when we make the last calibration decisions in summer, an obvious choice for calibration is time span“.
“As long as the interest rate is below the growth rate, I think sustainability issues might not be in the foreground“.
“To this day, I do not see an economic situation that leads to a severe scenario.”
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
