Look for:

Our offer for

Research Detail

2020/10/23 / Erste Group Research

Will ECB announce extension of PEPP?

ECB President Lagarde recently pointed out that there is a risk that the economic recovery of the euro area could lose momentum due to increasing new infections. If the ECB concludes in the coming weeks that the momentum of the recovery is significantly weaker than expected, it could react by extending the PEPP.

A first flash estimate of Eurozone GDP growth for 3Q is to be published next week (October 30). Based on the rebound of the economy, we expect substantial q/q growth of around 9%.

PDF Download Download PDF (249kB)

General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-


We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.


Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer