Lagarde: second wave of COVID-19 epidemic threatens eurozone economic recovery

Lagarde: second wave of COVID-19 epidemic threatens eurozone economic recovery

Lagarde: second wave of COVID-19 epidemic threatens eurozone economic recovery

FRANKFURT (Reuters) – The second wave of the coronavirus pandemic threatens to slow the eurozone economic recovery, European Central Bank Governor Christine Lagarde said Tuesday.

“We now fear that the restraining measures that the authorities will have to take will affect this recovery, so instead of the V-shaped recovery that we all strive for and hope for, the second part of the timeline will, I'm afraid, a little more crooked.” follows from the notes of Lagarde's conversation with the leadership of the Wall Street Journal.

(Balash Koranyi, translated by Olga Devyatiarova. Editor Anna Kozlova)

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