The Economic Bulletin of the European Central Bank is one of its most important communication tools, as it presents the economic data and developments of the euro area and of its external environment that are taken into consideration in the decision-making processes of the Governing Council. Each Economic Bulletin is published two weeks after the Governing Council announcements; thus, it is published every six weeks and eight times per year in total. The current Synopsis of the Economic Bulletin covers the decisions made by the Governing Council on January 21st, 2021. The presented information derives from research made by the staff of ECB and was published on February 4th, 2021, covering the timeframe from December 10th, 2020, to January 20th, 2021.
The Synopsis follows the same structure as the original research. The information included in the Synopsis derives from the original research; thus, under no circumstances are the views and ideas of the author expressed.