1 Minute Read by Reuters Staff Reuters, FRANKFURT, July 1 – The euro zone’s economy may certainly avoid the most dismal scenario predicted at the outset of the pandemic, but it remains vulnerable to virus mutations, according to European Central Bank President Christine Lagarde. “The improved economic picture, because to significant progress in immunization programmes, has decreased the likelihood of terrible scenarios,” Lagarde told the European Parliament. “Of course, due to the proliferation of virus mutations, the nascent recovery still faces uncertainty.” In her capacity as chair of the European Systemic Risk Board, the European Union’s financial stability watchdog, she was speaking. (Francesco Canepa contributed reporting, and Alison Williams edited the piece.)/nRead More