EU Fund Delays Mean No Recovery This Year: Bank of Greece

The transcript discusses the importance of the recovery fund for the eurozone, highlighting potential delays and their impact on countries like Greece. It covers the mixed economic outlook influenced by US stimulus and vaccination progress, and the ECB's stance on monetary policy and inflation. The conversation also touches on investor optimism, bond yields, and the US market's inflation expectations. Finally, it addresses Janet Yellen's global tax proposal and its potential impact on worldwide recovery.

What role does pent-up demand play in the economic recovery process?

How does the ECB plan to address the uncertainty in the economic outlook?

What are the implications of the new tax proposal by Janet Yellen on global recovery?