Economics
Lagarde Pledges Forceful ECB Stimulus Response in December
- EU leaders must make joint support operational without delay
- ECB president briefs lawmakers at the European parliament
This article is for subscribers only.
European Central Bank President Christine Lagarde promised a forceful monetary stimulus package in December and urged governments to make pandemic relief available “without delay.”
Just hours before a summit of European Union leaders, Lagarde said adopting joint fiscal support should be a priority, warning that the 19-nation euro region is expected to be “severely affected” by the rapid increase in infections and restrictions.