Lagarde reiterates: It is better to integrate European financing between grants and loans

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Wednesday, July 22, 2020 - 16:09
Point Trader Group

The most important statements of the European Central Bank Governor, Christine Lagarde, addressed their preference for the European Union to merge the announced financial financing between grants and loans, and it considers this a good and reasonable matter despite its view that there are still better plans, noting that the current expectations are in a correct position even right Now.

Regarding the economic recovery and economic prospects for the European region, Lagarde reiterated her comment that the economic recovery is uncertain and still includes uncertainty. Lagarde did not add any further comments in this regard.

European Central Bank Governor Christine Lagarde had previously stated that the economy needs an ambitious financing agreement, not just a quick deal. And that the ambitious agreement must be in terms of the size and composition of the financing package, similar to what was proposed by the committee.


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