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Xinhua | Updated: 2020-12-11 09:13 Share CLOSE European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, on Dec 10, 2020. [Photo/Xinhua] FRANKFURT The European Central Bank (ECB) said on Thursday that it decided to expand the pandemic emergency purchase program (PEPP) by another 500 billion euros (605 billion U.S. dollars) and extend the duration of the program to at least the end of March 2022, as part of a fresh stimulus package to bolster the economy. The newly announced measures were taken in view of the economic fallout from the resurgence of the pandemic, the ECB said in a statement after a monetary policy meeting.

Baden wubergMarcel fratzscherChristine lagardeFriedrich heinemannGerman institute for economic researchEuropean central bankEuropean economic research in mannheimLeibniz centerPresident christine lagardeGoverning councilNext generationBerlin based german instituteEconomic researchEuropean economic researchகிறிஸ்டின் லகார்ட்பிரீட்ரிச் ஹெய்ன்மேன்