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Thursday, 21 Jan 2021 09:20 PM MYT European Central Bank President Christine Lagarde stressed that ‘ample monetary stimulus’ remained essential to steer the 19-nation currency club through the Covid-19 upheaval, and that the ECB stood ready to do more as needed. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. FRANKFURT, Jan 21 European Central Bank chief Christine Lagarde warned today that the pandemic still poses “serious risks” to the eurozone economy as concerns grow about new virus variants and sluggish vaccination campaigns. The Frankfurt institution’s governing council held back from tweaking its ultra-loose monetary policy at its first meeting of the year, having already ramped up stimulus in December.

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