The latest economic data and Economic sentiment for the Eurozone have recently signalled a recovery in the economy. Several policymakers have also voiced the assessment that the Euro area have now probably bottomed out. A clearer picture will have the Euro-guard is probably at its interest rate meeting in September.
Then it should be clear how deep the economy has crashed due to the crisis. Then there will be more information on how the EU member States shape the future of Finance. In addition, the latest economic projections of the in-house ECB economists are. Thus, it would be better to estimate how quickly the economy will recover and whether to provide more monetary help is needed.Updated Date: 16 July 2020, 11:19