Categories: Breaking

The ECB injected another 600.000 million to a contraction unprecedented

Rosalia SánchezSEGUIRCorresponsal in Berlin Updated: Save Send news by mail electrónicoTu name *

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Until march, the European Central Bank (ECB) had that on the eu’s economy grew this year by 0.8%. Yesterday, its president, Christine Lagarde, acknowledged that the Eurozone economy lost 8.7% in 2020, which represents a correction of its forecasts of almost ten points to the floor and a “contraction unprecedented” in the economy of the euro. Also modified the forecast of the ECB about the evolution of inflation, even more worrying. If in march expected a CPI of 0.8% for this year, now check out the forecast up to 0.3% in 2020 , 0.8% in 2021 and by 1.3% in 2022. One of the most basic tenets of macroeconomics is that when you inject money

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