ECB expected to pump up eurozone support as pandemic persists
Analysts see central bank announcing hundreds of billions of euros in new bond-buying
Tue, Jun 02, 2020 - 5:50 AM
ECB president Christine Lagarde (above) last week predicted that the eurozone economy would contract by between 8 and 12 per cent in 2020, before a hoped-for strong rebound next year.
Frankfurt am Main
THE European Central Bank (ECB) could announce on Thursday hundreds of billions of euros in new bond-buying to keep fighting the pandemic crisis, analysts predict, as European Union (EU) governments prepare to wrangle for months over a joint response.