Interview with ECB Vice President "Faced With This Big Drop in GDP and Inflation, We Had to Act"

The European Central Bank's bond-buying program has been heavily criticized in Germany. But ECB Vice President Luis de Guindos says it is a necessity in these times of crisis. He also praises the German response to the economic impacts of the coronavirus pandemic.
Interview Conducted by Tim Bartz und Stefan Kaiser
ECB headquarters in Frankfurt: "The best policy to counteract social inequality is to create growth and jobs."

ECB headquarters in Frankfurt: "The best policy to counteract social inequality is to create growth and jobs."

Foto: DANIEL ROLAND/ AFP
About Luis de Guindos
Foto: Thomas Lohnes/ Getty Images
ECB President Lagarde and Vice President de Guindos: "Christine Lagarde took office with the intention of listening to everyone."

ECB President Lagarde and Vice President de Guindos: "Christine Lagarde took office with the intention of listening to everyone."

Foto: ARMANDO BABANI/EPA-EFE/REX
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