Lee Sue Ann, an economist at UOB Bank, expected today, Monday, that the European Central Bank will keep monetary policy unchanged during its next meeting, adding that the recent announcement by the European Central Bank on emergency bond purchases and their continuation at a high pace during the first months of this year supports the direction of We looked at keeping monetary policy unchanged.

The European Central Bank’s decisions on monetary policy will be issued next Thursday, amid expectations that interest and monetary policy will remain unchanged during this meeting, in light of the bank’s desire to maintain the European economy’s recovery from the repercussions of the emerging Corona virus, and to ensure the sustainability of the European economic recovery for a long period, especially after the damage The economies have been strong over the past year and this year.

And earlier, European Central Bank member, Klaas Knott, stated that the economic recovery within Europe was faster than previous expectations, and indicated that a sustainable economic recovery could be achieved if the authorities’ efforts to contain the Corona virus globally succeeded.