Frankfurt am Main
European Central Bank president Christine Lagarde said Sunday there could “no complacency” in the battle to recover from the pandemic-induced downturn, urging governments to support central bank efforts with fiscal spending. Although the eurozone was bouncing back from the lockdowns that devastated economic activity earlier this year, Lagarde said the recovery remained “uneven” and “uncertain” as several nations grapple with a renewed rise in coronavirus infections.—APP