Lagarde seems to stumble as ECB announces coronavirus response

Christine Lagarde
Photo: IMF/Cliff Owen

Christine Lagarde has announced an extensive European Central Bank programme aimed at limiting the economic damage from coronavirus but faced a sceptical reaction from financial markets.

The ECB announced an expansion and recalibration of its targeted long-term refinancing operations, or TLTRO, and a large quantitative easing programme. It also took the extraordinary step of using a monetary policy press conference to announce a change in liquidity and capital buffer policy for the eurozone’s

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:

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: