ECB's Lagarde Sees Economy at Pre-Crisis Level by Year-End

The video discusses the economic recovery in Europe post-pandemic, highlighting the impact of high vaccination rates and the challenges posed by the Delta variant. It addresses inflation trends, noting that current increases are expected to be temporary, with long-term inflation remaining below the 2% target. The European Central Bank (ECB) maintains favorable financing conditions and outlines its measures, including asset purchases and interest rate policies, to support economic recovery and stabilize inflation.

What role do favorable financing conditions play in the economic recovery?

What measures are being taken to ensure inflation stabilizes at the target rate?