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European Central Bank: from whatever is needed to show what you can

European Central Bank: from "whatever is needed" to "show what you can"

ECB has announced a new temporary acquisition program of assets worth 750 billion euros, with extension if necessary, in response to the COVID-19 pandemic

What happened: Following an urgent meeting of the Board of Governors, which took place several nights ago, the European Central Bank (ECB) announced a new temporary program for the acquisition of assets worth 750 billion euros (about 6% from the GDP of the euro area) until the end of the year - with extension if necessary - in response to the COVID-19 pandemic.

For more information, please see the Romanian version of the article, here.

 

Authors

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EULER HERMES SERVICES ROMANIA SRL
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ALLIANZ - TIRIAC ASIGURARI SA