Comments by ECB vice president, Luis de Guindos
- Current level of uncertainty is high
The ECB relaxed TLTRO conditions and introduced PELTROs in its latest monetary policy decision last week, adding to the host of measures that they have undertaken over the past two months in order to deal with the economic fallout from the virus outbreak.
de Guindos' headline remark is but another jibe at euro area governments to try and get something done quickly - which we all know that won't happen any time soon.
