The European Central Bank (ECB) will review its emergency bond purchase scheme that was introduced in response to the coronavirus crisis in March, the Financial Times reported on Sunday, citing two of ECB's governing council members.
FILE PHOTO: The European Central Bank logo. Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski
- The European Central Bank will review its emergency bond purchase scheme that was introduced in response to the coronavirus crisis in March, the Financial Times reported on Sunday, citing two of ECB’s governing council members. The questions for the review would be to consider how long the Pandemic Emergency Purchase Programme should continue and whether some of its extra flexibility should be transferred to the ECB’s longer running asset-purchase schemes, the newspaper added, citing the members.
The ECB launched this scheme in March and then later increased its size to 1.35 trillion euros in June.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates says it's 'outrageous' that Americans still can't get coronavirus test results in 24 hoursThe Microsoft co-founder criticized the current state of the U.S. response to the coronavirus pandemic on 'Fox News Sunday.'
Read more »
Don't fall prey to these 4 common bank scamsBank scams like phishing and fake checks cost Americans billions and are growing amid the pandemic. Here's how to avoid these common financial frauds.
Read more »
Designer Bora Aksu presents pandemic-inspired collection at London Fashion WeekTurkish designer Bora Aksu said the coronavirus pandemic inspired his latest collection, which looks back over one hundred years to the Spanish flu pandemic and the end of World War One.
Read more »
The bruised city of Wuhan has become a showcase for ChinaWuhan's instinct to move on from the disaster has been shrewdly exploited by the state's relentless spin doctors
Read more »
Is your boss spying on you while you work remotely?Beware of 'bossware.' Surveillance has been inching into our workplaces and jobs for years, and it’s getting a push forward by the coronavirus pandemic. (whyy)
Read more »
End of the runway? Fashion world mulls post-COVID futureThe fashion industry has been hit hard by the coronavirus pandemic, and in Europe, where countries are seeing an alarming new surge in cases, few consumers are in the mood to buy luxury bags and dresses.
Read more »