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10/21/2021, 11:26 AM (Source: TeleTrader)
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ECB's Visco predicts longer supply chain crisis

European Central Bank Governing Council member Ignazio Visco (pictured) stated on Thursday that he believes supply chain bottlenecks could last longer than expected.

Furthermore, VIsco noted that as it continues it could further impact production and the prices of goods, adding that it already started to weigh on Italy's economy and other countries in the region.

Lastly, Visco said that the ECB should consider jointly managing the debt that Eurozone countries accumulated over the pandemic, with a sinking fund to help purchase national bond offers.

Baha Breaking the News (BBN) / OL