Christopher Nye
on December 15th, 2020 Industrial production figures were released for the Eurozone yesterday, showing a 2.1% rise month-on-month in October. However, the figure decreased by 3.8% year-on-year.
European Central Bank board member, Fabio Panetta, spoke yesterday following the ECB’s decision last week to add to their stimulus programme. He said that the Bank are committed to supporting the Eurozone’s economic recovery and said that they will adjust their instruments as necessary, including the exchange rate of the euro.
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