Economics

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. 

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.