Despite the delays and difficulties in many areas of the country, in recent months the network infrastructures have held up, enabling millions of workers and students to continue to work and study remotely during the most acute phase of the emergency.
As to the ECB, our strategy and monetary policy  framework was reviewed and revised a year ago, in July 2021, and the revised strategy remains valid: we are determined to deliver on our symmetric target of 2% inflation in the medium term. I’ll come back to that shortly, but me begin with the current outlook.