The ECB strengthens its support to the economy and inflates to 600 billion euros to its programme of emergency in the face of the coronavirus

The european central Bank (ECB) as expected, reinforced on Thursday his imposing device to support the economy in the euro zone, plagued by a pandemic of sars c

The ECB strengthens its support to the economy and inflates to 600 billion euros to its programme of emergency in the face of the coronavirus

The european central Bank (ECB) as expected, reinforced on Thursday his imposing device to support the economy in the euro zone, plagued by a pandemic of sars coronavirus, while maintaining rates at their lowest in history.

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The emergency program "PEPP" (Pandemic Emergency Purchase Program), aimed at limiting the effects of the health crisis, and with the mid-march of 750 billion euro to buy bonds, public and private, has been inflated to € 600 billion. This bazooka is unprecedented, which was to end in December, has also been extended until June 2021.

Date Of Update: 04 June 2020, 19:35

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