ECB’s De Guindos sees a solid rebound of euro zone economy in third-quarter

© Reuters. FILE PHOTO: European Union finance ministers meet for month-to-month talks in Brussels

MADRID (Reuters) – The euro zone economy has skilled a solid restoration within the third quarter even supposing essentially the most modern incoming records in August were less tough, European Central Monetary institution Vice President Luis de Guindos stated on Tuesday.

“In the third quarter there modified into once a major develop in financial job. July’s records had been very solid and in August there modified into once some lack of depth,” De Guindos stated at a financial occasion.

The ECB’s Vice President also stated he anticipated the incoming inflation records of the bloc to proceed falling within the short term even when he expects “some kind” of rebound in 2021.

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