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ECB's Knot: Dutch, European, world economies recovering quicker than expected

ECB's Knot expects reduction in bond buys with end in March: Bloomberg
ECB's Knot expects reduction in bond buys with end in March: Bloomberg   -   Copyright  Thomson Reuters 2021
By Reuters

AMSTERDAM – The head of the Netherlands’ Central Bank Klaas Knot said on Wednesday the Dutch economy is recovering more quickly than expected from the economic crisis caused by the coronavirus pandemic.

“We are completely positive at the Dutch Central Bank about the prospects for the Netherlands’ economy, and that’s also true for the European economy, and also the world economy seems to be recovering faster than we expected,” Knot said in testimony to a panel in Dutch parliament.

Knot is also a member of the European Central Bank.