The european central Bank (ECB) as expected, reinforced on Thursday his imposing device to support the economy in the euro zone, plagued by a pandemic of sars coronavirus, while maintaining rates at their lowest in history.
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The emergency program “PEPP” (Pandemic Emergency Purchase Program), aimed at limiting the effects of the health crisis, and with the mid-march of 750 billion euro to buy bonds, public and private, has been inflated to € 600 billion. This bazooka is unprecedented, which was to end in December, has also been extended until June 2021.
