ECB unveils €750 billion stimulus against coronavirus
The European Central Bank unexpectedly announced just before midnight on Wednesday (18 March) that it would spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that it was ready to fight against the economic fallout of the coronavirus.
“Extraordinary times require extraordinary action. There are no limits to our commitment to the euro. We are determined to use the full potential of our tools, within our mandate,” ECB president Christine Lagarde wrote on Twitter.
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The ECB “will do everything necessary within its mandate,” said the communique. The institution “is fully prepared to increase the size of its asset purchase programmes and adjust their composition, by as much as necessary and for as long as needed. It will explore all options and all contingencies to support the economy through this shock.”
And for the first time, Greek bonds will be included in the bank’s asset purchases.
https://www.euractiv.com/section/corona ... ronavirus/
Aυτά για να μην τρώτε τον σανό ότι "δεν θα χουν τα παιδάκια να φάνε - διαδώστε!"
