BFF-50 ECB’s Lagarde sees ‘downside risks’ to outlook from virus

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ECB’s Lagarde sees ‘downside risks’ to outlook from virus

FRANKFURT AM MAIN, Jan 21, 2021 (BSS/AFP) – European Central Bank
president Christine Lagarde on Thursday said the pandemic still posed risks
to the eurozone economy, as concerns grow about new virus variants and
extended lockdowns in many countries.

“The intensification of the pandemic poses some downside risks to the
short-term economic outlook,” Lagarde told reporters after the bank’s
governing council left the ECB’s pandemic stimulus unchanged.

BSS/AFP/IJ/2000 hrs