ECB announces major boost to pandemic programmes

ECB + bridge
The European Central Bank

The European Central Bank’s governing council announced a major increase in the size and duration of its Covid-19 pandemic emergency programmes today (December 10).

ECB president Christine Lagarde said the increase was due to the severity of the second wave of coronavirus infections hitting European Union countries. The ECB kept its policy rates unchanged, with the main refinancing rate at 0%, the marginal lending facility rate at 0.25% and the deposit facility at -0.50%. 

But it introduced a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: