35 Quotes by Lorenzo Codogno

It was much more balanced than the first debate which Berlusconi clearly lost. This time I think there was no clear winner and I'm sure both sides will claim victory.

They were very keen to start the process early, ... But once they start, they may not continue at a rapid rate.

Services and probably consumer spending drove the increase in GDP. It makes a rate cut less likely for the moment.

In order to move interest rates higher, the ECB needs to be confident about the sustainability of the economic upswing, especially on the consumer side.

The underlying trend is encouraging and will likely continue.

The combination of high inflation and somewhat slower growth is certainly the worst thing for the euro,

The main reason for the euro rebound is the sharp slowdown in the U.S. economy, ... The European economy is slowing, but the deceleration is going to be much quicker and harder in the U.S.

The main message here is that the recovery is becoming more fragmented. (But) we should not be misled by a few bad numbers. The conditions are in place for some recovery in the first part of this year.