New coronavirus-related restrictions add to economic uncertainty: Lagarde.

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Christine Lagarde / REUTERS

Christine Lagarde / REUTERS

European Central Bank President Christine Lagarde says new coronavirus-related restrictions on everyday life in the euro zone add to the economic uncertainty, underlining the need for continued easy fiscal and monetary policy.

Read also Week's balance: EBRD worsens outlook for GDP fall, the stats agency reports increase in wages, while gas prices go up "It is clear that both fiscal support and monetary policy support have to remain in place for as long as necessary and 'cliff effects' must be avoided," Reuters quoted Lagarde as saying an economic forum on October 18.

"New coronavirus-related restrictions currently being introduced across Europe will add to uncertainty for firms and households," she said at a meeting of the G30, a group of financiers, central bankers and academics.

Moreover, Lagarde warned that the Eurozone economy might shrink by between 8% and 12% in 2020 amid the negative impact of the coronavirus pandemic.

Lagarde earlier said that the "mild" scenario for the economic development in the Eurozone in 2020 with a 5% decline in GDP is already "outdated."

Author: UNIAN

UAinfo Степанов: За минулу добу в Україні зафіксовано 12 287 нових випадків COVID-19. UAinfo Станом на ранок 24 листопада в Україні зафіксували 12 287 нових випадків COVID-19. Всього за весь час пандемії захворіли 647 976 особи. 
5 канал У США набув чинності вихід з угоди про відкрите небо – Помпео. 5 канал Помпео наголосив, що Росія тим часом продовжує не виконувати взяти на себе домовленості
Цензор.НЕТ В Україні виявлено 12 287 нових випадків COVID-19: померли 188 осіб, 8298 - одужали. Цензор.НЕТ В Україні станом на ранок вівторка, 24 листопада, зафіксовано 12 287 нових випадків захворювання на коронавірусну хворобу COVID-19, видужали - 8298 осіб, померли 188 пацієнтів.
Главком Оперативні дані: в Україні виявлено понад 12 тис. хворих на коронавірус Главком За минулу добу одужало 4143 особи
Патріот Донбасу Переховувався 13 років: затримано фігуранта замовного вбивства, який намагався поїхати до зони ООС(фото, відео). Патріот Донбасу З 2007 року чоловік конспірувався під чужим прізвищем, використовуючи документи іншої людини. Наразі 49-річний зловмисник доправлений на Миколаївщину, та за рішенням суду перебуватиме під вартою у СІЗО. Запис Переховувався 13 років: затримано фігуранта замовного вбивства, який намагався поїхати до зони ООС(фото, відео)спершу було опубліковано на Патріот Донбасу.
Related news

Ukrainian banks see 23.4% decline in net profit in 10 months: NBU

Meanwhile, the banks' revenue was on the rise.

5 16

Ukrainian banks receive almost UAH 40B of net profit since year-start – NBU.

As of November 1, 2020, the net profit of Ukrainian banks amounted to UAH 39.828 billion, which is 23.4% less than in the same period last year, according to data provided by the National Bank of Ukraine(NBU).

4

Ukraine plans to get US$300 mln loan from World Bank to tackle pandemic fallout.

The funds will allow the government to attract additional funds to enhance social assistance and social services in Ukraine.

5 10

SkyUp resumes flights to Yerevan

Ukraine’s SkyUp Airlines has resumed flights from Kyiv to Yerevan(Armenia), which were suspended due to the conflict in Nagorno-Karabakh, the airline's press service reports.

5 1

Gas stocks shrink by 1.8% to 27.15 bcm over week

USFs were filled by 88% as of November 21, 2020.

5 4

PM Shmyhal: Measures to support business during quarantine to be finalized this week.

This week, the Ministry of Economic Development, Trade and Agriculture will finalize indicators on the support for industries affected by the coronavirus quarantine restrictions.

4

U.S. government designates companies subject to sanctions over Nord Stream 2 – media

The relevant report is expected to be presented to Congress within days or weeks.

6 3

Subsidies up 2.5 times during heating season – Social Policy Ministry

Almost 3 million households have received the relevant benefits in October alone.

6

Alpari analyst: Moderate growth in U.S. dollar exchange rate expected this week

Moderate growth in the U.S. dollar exchange rate against the hryvnia is expected this week, according to Vadym Iosub, a senior analyst at Alpari analytical company.

4 1

NBU joins Sustainable Banking Network

The National Bank of Ukraine(NBU)has joined the Sustainable Banking Network(SBN), which brings together financial regulators and banking associations from developing countries.

7 1