Tag: ECB – European Union

Fearing second COVID-19 wave, Europe aims to train ‘army’ of medics – Reuters

Europeans are enjoying the gradual easing of coronavirus lockdown measures, but in hospitals they are already preparing for the next wave of infections.
— Read on www.reuters.com/article/us-health-coronavirus-eu-medics/fearing-second-covid-19-wave-europe-aims-to-train-army-of-medics-idUSKBN23T0OZ

Traders Turn Optimistic on Euro With Stimulus Relief Mounting

(Bloomberg) — Barely a fortnight ago, currency traders were fretting over the future of the euro. They’re now cautiously optimistic.The common currency just had this year’s best monthly advance after the European Union finally managed to assemble a stimulus plan to steer the region’s recovery from the
— Read on ca.finance.yahoo.com/news/traders-turn-optimistic-euro-stimulus-102042724.html

ECB Could Be Europe’s Back Door to Sharing Its Debt Burden

(Bloomberg) — Euro-zone leaders who oppose sharing the costs of the coronavirus crisis might end up doing so anyway — through the European Central Bank.The idea that the ECB could absorb the massive debt that builds up in the recession is gaining traction among some economists. If done carefully and
— Read on ca.finance.yahoo.com/news/ecb-could-europe-back-door-084703591.html

The ECB Prepares the Way for Buying Junk Bonds

(Bloomberg Opinion) — The European Central Bank’s meeting on April 30 might be its most important as it tries to manage the devastating economic impact of the Covid-19 virus. While its reaction so far has worked, it will need much greater firepower in the future. It will also have to be much more flexible
— Read on ca.finance.yahoo.com/news/ecb-prepares-way-buying-junk-122058841.html

The ECB Is Back on the Front Line of Crisis

(Bloomberg) — More than half a trillion euros of emergency fiscal aid by the European Union apparently isn’t sufficient to shift the burden of fighting the coronavirus crisis from the European Central Bank.Just over a week since governments reached an uneasy agreement on a joint rescue package, strains
— Read on ca.finance.yahoo.com/news/ecb-back-front-line-crisis-040000676.html

ECB Will Do ‘Everything Necessary’ to Help Economy, Lagarde Says – Bloomberg

The European Central Bank will do its bit to help the region’s economy cope with its worst crisis in decades, but more international cooperation is needed to overcome the pandemic, according to President Christine Lagarde.
— Read on www.bloomberg.com/news/articles/2020-04-16/ecb-will-do-everything-necessary-to-help-economy-lagarde-says

Investors Rush to Buy Europe’s Bonds After ECB Drops QE Limits

(Bloomberg) — Euro-area sovereign bonds surged after the European Central Bank gave itself unlimited room to buy the debt.Yields tumbled from Germany to Italy after the central bank scrapped issuer-wise limits on debt purchases under its new 750 billion-euro ($819 billion) emergency program aimed at
— Read on ca.finance.yahoo.com/news/investors-rush-buy-europe-bonds-094048986.html

ECB’s Pandemic Program Means Most Powerful Tool Stays in Reserve

(Bloomberg) — European Central Bank President Christine Lagarde is doing everything she can before she has to test her predecessor’s landmark tool to save the euro.The decision to give her own crisis measure, the week-old Pandemic Emergency Purchase Program, almost free range to buy government debt
— Read on ca.finance.yahoo.com/news/italy-others-ecb-most-powerful-050010777.html