• ECB, Lagarde: "Fast recovery to return to pre-crisis levels"

  • ECB, EU growth strengthens, high uncertainties remain.

    It weighs a lot of energy

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November 28, 2021 "It is clear" that a possible strong increase in infections, for example linked to the latest Omicron variant of Covid 19, could negatively influence the performance of the economy.

This was stated by the president of the ECB, Christine Lagarde to "Che tempo che fa" on Rai3.

And this now more with regard to 2022 than 2021, but now compared to the past "we have more tools to fight the enemy", from vaccines to medical knowledge to the "individual awareness of putting in place protective measures against the virus".



"The commitment made during the Italian presidency of the G20 to vaccinate 70% of the world population by 2022 must be monitored and completed", Lagarde said. And he added: "The Covid-19 pandemic has shown us that the virus knows no borders and therefore we will not be protected until we are all vaccinated. Logistics must be favored and vaccines must reach these countries. go further: in these countries, analysis centers must be created to monitor the evolution of the virus ".



Italy's response to the crisis, very strong


"Every now and then there is good news. I think the economic results that we can observe now are eloquent. Italy has overcome the pandemic well, yet it has been a very hit country with a contraction of 9%, today the Italian economy is growing 6%. There is talk of a 6.5-6.6%. It is a very strong response to the crisis. The reforms that have been decided and which will then need to be implemented are such as to convince the rating agencies that the Italy has taken the right path ".



Next Generation Eu, an incredible signal at European level


"Next Generation Eu was an incredible signal at European level and it was the will to reward the sacrifices and sufferings of all countries through collective generosity. All Europeans, including Italians, have a huge responsibility, that of carrying out this plan with reforms, investments, investing in green and digital, to demonstrate to those who were cynical or skeptical what Europeans are still able to achieve all together ".



Belarus and solidarity with Poland


"The hard core of Europe is made up of fundamental principles in matters of democracy and human rights. This must prevail over selfishness or over the stratagems adopted by some to make particular political positions prevail. I hope that Europeans together will be able to give an answer and to demonstrate that solidarity with Poland is possible ".