ECB's De Guindos: Eurozone very likely to shrink in H1

Comments from the ECB #2

Comments from the ECB #2
  • Eurozone inflation slightly stronger than anticipated in Jan-Feb
  • If high proportion of population vaccinated in H1, we expect a strong H2 rebound

On the virus front, France is putting more areas under lockdown after 45,000 new cases in the past 24 hours.

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