European Central Bank head Christine Lagarde: 'There are no limits to our commitment to the euro'.
The European Central Bank has launched an emergency €750bn package to ease the impact of the coronavirus pandemic.
It will buy government and company debt across the eurozone, including that of troubled Greece and Italy.In recent weeks central banks and governments around the world have announced major stimulus plans. The so-called Pandemic Emergency Purchase Programme comes just six days after the ECB unveiled measures that failed to calm markets, piling pressure on it to do more to support Europe's economies.
Announcing this latest move Ms Lagarde said the ECB will do everything in its powers to support the euro in these"extraordinary times".
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