The European Central Bank wants to cushion the economic consequences of the Corona epidemic. Bonds are to be purchased for 750 billion euros.
This is where the money comes from: the headquarters of the European Central Bank in Frankfurt’s East Photo: dpa
In the fight against the economic consequences of the corona virus pandemic, the European Central Bank has announced an emergency bond-buying program worth 750 billion euros. This is to involve securities issued by the public sector and the private sector, as the ECB announced surprisingly on Thursday night. "Extraordinary times call for extraordinary action," ECB chief Christine Lagarde wrote on Twitter. "We are determined, within our mandate, to use the full potential of our tools," she stressed.