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Recovery from coronavirus will be long, says ECB Economist Lane -Le Monde

Recovery from coronavirus will be long, says ECB Economist Lane -Le Monde

05/10/2021 01:14
Recovery from coronavirus will be long, says ECB Economist Lane -Le Monde

- The road to recovery from the coronavirus pandemic will be long with the unemployment rate in the euro zone not returning to its 2019 level before 2023, ECB Chief Economist Philip Lane told French newspaper Le Monde in an interview.

He also said the euro zone's gross domestic product (GDP) will not return its 2019 level before spring next year.




(Reporting by Dominique Vidalon; Editing by Christian Schmollinger)

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