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Euro zone economy may rebound strongly if vaccination speeds up, ECB’s de Guindos says – Metro US

Euro zone economy may rebound strongly if vaccination speeds up, ECB’s de Guindos says

EU finance and economy ministers hold informal meeting in Berlin
EU finance and economy ministers hold informal meeting in Berlin

FRANKFURT (Reuters) – The euro zone economy could be in for a strong rebound in the second half of the year if a large proportion of the population is vaccinated against COVID-19 in the summer, European Central Bank vice-president Luis de Guindos said on Thursday.

“If a high percentage of the population is vaccinated and immunized in the summer, this will have a very positive impact and lead to a second half of the year in which there could be a very strong rebound in activity,” de Guindos told an online event.

(Reporting By Francesco Canepa; Editing by Chris Reese)