ECB Expands Its Emergency Buying Program by Another €

ECB Expands Its Emergency Buying Program by Another € 500 Billion - Novinite.com


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It is expected that the pandemic emergency buying program of the European Central Bank will be expanded by another € 500 billion. This should happen at the last for the year sitting of the Managing Board of the ECB.
Currently, the size of the emergency buying program is € 1 trillion 350 billion and its time horizon is until the end of June next year. Experts expect the
ECB to add €500 billion more in stimulus and the program itself to be extended by another year – i.e. until the end of June 2022.
Many experts warn that the
ECB's decision could be made on the basis of economic development data, which were mainly collected before the second wave of the Coronavirus.

Related Keywords

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