ECB’s de Guindos says ECB could revise upwards economic projections

FILE PHOTO: Vice-President of the European Central Bank (ECB) Luis de Guindos gives a statement during the second day of the Informal Meeting of EU Ministers for Economics and Financial Affairs in Berlin, Germany September 12, 2020. Odd Andersen/Pool via REUTERS
August 25, 2021
MADRID (Reuters) – The European Central Bank could revise up its macroeconomic projections for the eurozone again in September after recent solid activity indicators in the third quarter, ECB Vice President Luis de Guindos said on Wednesday.
“In a few days, the ECB will release its economic forecasts again, every time we have updated it has been for the better and this may happen again,” De Guindos told a financial event in Spain.
(Reporting by Jesús Aguado and Emma Pinedo; editing by Nathan Allen)
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