Saturday, 13 Jun 2020 06:00 pm

Don't let the corona-crisis go to waste, ECB tells Italy

Italy must not let the economic crisis wrought by the coronavirus pandemic “go to waste” and should instead reform its stagnant economy so that it thrives after the outbreak, European Central Bank President Christine Lagarde said on Saturday.

By Neha Pandey

“I therefore encourage you, as policymakers, not to let this crisis go to waste,” Lagarde told Italian policymakers via video-link during a consultation launched by the government.

“My institution, the ECB, will play its part within its mandate. But it is for you to prove to citizens that our societies will emerge from this transformation stronger and greener,” she added.

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Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.