European Central Bank chief Christine Lagarde on Thursday said the bloc's economy was still "on crutches" and in need of support from both the central bank and government spending as the eurozone undergoes extended coronavirus lockdowns.
Lagarde said while the bank sees an eventual rebound this year, any steps to phase out its anti-pandemic emergency monetary plan would be "premature."
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EU economy ′on crutches,′ warns ECB chief Christine Lagarde | News | DW | 22.04.2021
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