News & Feeds February 26, 2023

Interview with Christine Lagarde, President of the ECB, conducted by Petri Sajari

President Christine Lagarde, the European Commission said last week that the euro area is set to narrowly avoid a technical recession. Before that, a recession was expected at the turn of the year. So how confident are you that recession is now avoidable in the euro area? The most recent projections from both the IMF and the European Commission suggest that there will not be a recession in the EU or the euro area this year. But there is a lot of uncertainty, and one central question is where the war is heading. Another big question is how the lifting of COVID restrictions in China will affect its economic recovery