IV  Even with the entire stimulus in the form of unorthodox monetary policy tools like quantitative easing and negative rates based on historical standards the revival of world  economies has been slow. Combination of the aftermath of the Global financial crisis with the pandemic have put us in the position of very low interest rates. How long can this last?
Most central bankers today forecast low interest rates for several years. One of the  consequences of the ongoing pandemic is that long awaited normalization of the ECB monetary policy is not likely to happen in short to medium run. In the Eurozone inflation is still far below target regardless of measures taken by ECB.