The member of the Governing Council of the European Central Bank (ECB), Madis Mullersaid Friday that the second wave of the coronavirus pandemic is probably stronger than expected.
The ECB would favor tools that directly reach the economy, like the TLTRO, he added.
Commenting on the virus, the President of the ECB Christine Lagarde said Thursday that “the COVID vaccine reduces uncertainty,” adding that “complete confinement is not the best way to deal with the second wave.”
It should be noted that Germany recorded a record 23,542 new infections on Friday, according to the latest data published by RKI.
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Credits: Forex Street

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