With limited Delta impact, ECB sees Europe on course for solid growth

FRANKFURT (Reuters) - The fast-spreading Delta variant of COVID-19 is likely to have only a limited impact on the euro zone economy, which remains on course for robust growth this year and next, European Central Bank Chief Economist Philip Lane said on Wednesday.

With Delta spreading around the globe, stocks sold off last week on fears that the more contagious variant could thwart the global recovery from the pandemic and force governments to reintroduce debilitating lockdown measures.