ECB’s Constancio Says Euro-Area Recovery Needs Higher Investment

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ECB Vice President Vitor Constancio says at event in Sitges, Spain, that "the economic recovery in the euro area is now broader and it is firming itself but still in need of achieving higher investment to make it more self-sustained." "ECB policies are working and making a significant contribution to the normalization of economic conditions in the short term. Let me add that they also help the medium-term" Total factor productivity growth "needs to resume growing at least at an annual growth pac

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