Despite the redefinition of the currency composition after the payment to the IMF, the share of euros is at its highest (except for the considerable euro purchases in late 2005 to make the payment), while the  BIS Review 7/2007  5  share of pounds and yens has been reduced.
Since the pandemic’s outbreak, uncertainty has been curtailing consumption and investment, dampening productivity and potential growth. Monetary and fiscal policies have helped contain the negative impact of the crisis. Today the economic outlook seems to be improving at last, thanks also to the rollout of vaccines made possible by exceptional achievements and cooperation in the scientific research community.