ECB Boosts Emergency Bond-Buying Program by 37% to €1.85T Amid Pandemic Resurgence

ECB Boosts Emergency Bond-Buying Program by 37% to €1.85T Amid Pandemic Resurgence
European Central Bank President Christine Lagarde.
(ECB, modified by CoinDesk)

The European Central Bank Thursday said it would boost the size of an emergency asset purchasing program and extend a bank loan program by a year as a resurgence in coronavirus cases takes a toll on the region’s economy.

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