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- Euro zone recovery still fragile - ECB's Lagarde
Euro zone recovery still fragile - ECB's Lagarde
Reuters reports that the European Central Bank's President Christine Lagarde said in an interview that the euro zone's economy is beginning to rebound from a pandemic-induced slump but this recovery remains fragile.
"We agreed to maintain (emergency stimulus) measures until at least March 2022, and in any case, until we judge that the coronavirus crisis phase is over. While the recovery is now beginning to get under way, it remains fragile", Lagarde told.
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