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ECB’s Wunsch Predicts Healthy Rebound But Bumpy Crisis Exit

  • Governing Council member sees conditions met for recovery
  • ECB could extend pandemic program in case of structural damage
Parts of the EU have tightened business and social restrictions to combat infections. 

Parts of the EU have tightened business and social restrictions to combat infections. 

Photographer: Liesa Johannssen-Koppitz/Bloomberg
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The euro-area economy is headed for a healthy rebound once coronavirus restrictions come to an end, but investors still need to brace for a bumpy exit from unprecedented stimulus, European Central Bank Governing Council member Pierre Wunsch said.