But, Maria had no experience in using digital financial services. She was faced with a choice of going out to get the money from her employer or abiding by the lockdown even if she wouldn’t be able to provide for her family.
At the same time, the euro area services and construction sectors are showing resilience and the labour market is continuing to improve. Looking forward, the underlying fundamentals for a continued expansion of the euro area economy remain in place. In fact, favourable financing conditions, strong labour market conditions and rising wages continue to underpin domestic demand supporting ongoing solid consumption and investment dynamics.