FRANKFURT (Reuters) – The European Central Bank can start to phase out emergency stimulus measures when the pace of coronavirus vaccinations reaches a critical level and the economy picks up speed, Luis de Guindos, the bank's vice president, told an Italian newspaper. The ECB will next meet on June 10 and conservative policymakers are already calling for a cut in bond purchases, while others, particularly from the bloc's south, are arguing for continued patience in clawing back support. 'If by speeding up the vaccination campaign, we manage to have vaccinated 70% of Europe's adult population by the summer and the economy starts to pick up speed, we may also start to think about phasing out the emergency mode on the monetary policy side,' de Guindos told la Repubblica.

https://kfgo.com/2021/05/03/ecb-can-start-phasing-out-emergency-stimulus-when-vaccinations-pick-up-de-guindos/

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