Economy

Top of the agenda: what will mark the news this Thursday

This Thursday the first meeting of the European Central Bank will take place, where the process of recalibrating the central bank's monetary policy instruments is expected to be discussed in order to attack the crisis caused by the Covid-19 pandemic.

The featured event this Thursday, January 21st, is the first 2021 meeting of the European Central Bank. In December, the institution chaired by Christine Lagarde proceeded with the process of recalibrating the central bank's monetary policy instruments to attack the crisis, in which the increase of PEPP by 500 billion euros stood out, to a total of 1,85 billion euros, and the extension of the respective deadline until March 2022.

However, according to the minutes released last week, this reinforcement was not unanimous among the members of the Council.

Other events in focus:

  • Banco de Portugal discloses the indebtedness of the economy, as well as the financing of public administrations
  • Eurostat publishes eurozone government deficit and debt data for the third quarter
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