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Interview with Nikkei 26 May 2021 What’s your assessment of the current economic situation in the euro area? Philip Lane said that we are now at an inflection point… The lesson from last year is that we should be careful about declaring victory too soon. We received positive data over the summer, everybody was celebrating the end of the pandemic, and we know how that turned out: the economy went into a double-dip recession. The outlook is now improving. We expect a rebound in the second half of the year, supported by the acceleration in vaccinations, the firming of global demand and, dom...

Fabio Panetta: Interview with Nikkei Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Jun Ishikawa 26 May 2021 What's your assessment of the current economic situation in the euro area? Philip Lane said that we are now at an inflection point… The lesson from last year is that we should be careful about declaring victory too soon. We received positive data over the summer, everybody was celebrating the end of the pandemic, and we know how that turned out: the economy went into a double-dip recession. The outlook is now improving. We expect a rebound ...