ECB predicts an improvement in the economic situation in the euro area

According to RIA Novosti, Lagarde spoke about this at an online conference.

According to her, in the first quarter of 2021, the economic situation remained difficult, but in the second quarter, signs of its recovery are already visible.

“There could be a rebound and steady growth in the second half of the year,” she said.

Earlier, the Executive Vice President of the European Commission Valdis Dombrovskis said that the European Union's economy should resume its growth this spring.