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ECB’s Lagarde states most current development information ‘motivating’ By Reuters

© Reuters. European Central Bank (ECB) President Christine Lagarde talks to the media following the Governing Council’s financial policy conference at the ECB head office in Frankfurt, Germany, July 27, 2023. REUTERS/Kai Pfaffenbach

FRANKFURT (Reuters) – Latest information about financial output in France, Germany and Spain is “quite encouraging” and verifies the European Central Bank’s expectations, ECB President Christine Lagarde stated in an interview released on Sunday.

“The second quarter GDP figures for France, Germany and Spain are quite encouraging,” Lagarde informed French day-to-day Le Figaro. “They support our scenario of GDP growth of 0.9% in the euro area this year.”

Blake

News and digital media editor, writer, and communications specialist. Passionate about social justice, equity, and wellness. Covering the news, viewing it differently.

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