ECB expands monetary stimulus to €1.350 trillion
Economies.com
2020-06-04 11:55AM UTC
At 11:45 GMT, the European Central Bank decided to extend the pandemic emergency bond-purchase program by €600 billion, to a total of €1.350 trillion per month until the end of 2022, higher than forecasts of €500 billion, as this comes within the bank's attempts to face the worst possible recession in the eurozone since World War II.
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