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RSS FeedsWith Italy at risk, Europe Central Bank could boost stimulus
(WorldNews Italy)

 
 

3 june 2020 01:45:01

 
With Italy at risk, Europe Central Bank could boost stimulus
(WorldNews Italy)
 


FRANKFURT, Germany (AP) — The European Central Bank could soon expand its anti-pandemic stimulus program to more than a trillion euros, giving it more firepower to keep the virus crisis from sliding into a new financial crisis for the 19 countries that use the euro. Analysts say that the ECB`s 25-member governing council could decide as soon as its meeting Thursday to boost the so-called pandemic emergency purchase program by 500 billion euros, bringing it to 1.25 trillion euros ($1.4 trillion). Under the program, the central bank buys government and corporate bonds with newly printed...


 
65 viewsCategory: General > Europe > Italy
 
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