ECB remains vigilent but expects recovery

ECB executive board member Gertrude Tumpel-Gugerell said in an interview Friday that the ECB still believes the eurozone economy will recover, but remains vigilant for any issues that could change that assessment.

"We continue to assume that the economy will recover, but we must monitor developments because an upturn in consumer demand is required for the recovery to take place," Tumpel-Gugerell said Friday in a telephone interview with AFP from Vienna.

Tumpel-Gugerell's comments were made afte

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: