Christine Lagarde
ECB: New Surge of Coronavirus Disrupts Economic Activity
The European Central Bank published its new Economic Bulletin on Thursday, confirming that the coronavirus-related extension of restriction measures across the bloc is disrupting economic activity.
Draghi takes helm in Italy, focused on pandemic recovery aid
Mario Draghi, the man largely credited with saving the euro currency, took the helm as Italy's premier on Feb. 13 after assembling a government of economic experts and other technocrats along with career politicians from across the spectrum to guide the pandemic-devastated nation toward recovery.
Euro-Area Economy Shrank Less Than Forecast from 2020
The euro-area economy shrank less than expected at the end of last year, though it remains on the verge of a double-dip recession amid a slow rollout of coronavirus vaccines, reported Bloomberg.
ECB’s Lagarde pushes back on gloomy forecasts, sticks to recovery outlook
European Central Bank President Christine Lagarde pushed back on Wednesday against economic pessimism, arguing that a rebound will come as pandemic uncertainty declines and that Europe possesses all the tools needed to overcome the crisis.
Editorial: Lagarde’s message of hope
Christine Lagarde has once again proven herself to be a worthy successor to Mario Draghi at the helm of the European Central Bank (ECB).
More than many political leaders she is aware of the critical nature of the situation created by the unprecedented epidemiological crisis and she has therefore boldly taken the necessary steps.
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Virus-hit European economy likely to get stimulus shot
The European Central Bank is expected to unleash a half-trillion euros ($600 billion) or more in stimulus on Thursday to support businesses, workers and governments through the winter wave of the coronavirus.
ECB Expands Its Emergency Buying Program by Another € 500 Billion
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.
Lagarde: Eurozone economy to shrink between 8% and 12% in 2020
The eurozone economy is likely to shrink between 8% and 12% this year as it struggles to overcome the impact of the coronavirus pandemic, European Central Bank President Christine Lagarde said on Wednesday.
Editorial: Enough is enough Chancellor Merkel!
While all of Europe is taking a socio-economic beating the German Federal Court of Justice opined that the bond-buying programme of the European Central Bank that emerged after the last debt crisis is in part unconstitutional and touches on the principles of the German (Federal) Constitution.
The current crisis is threatening to tear apart the European construct and project.
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ECB ‘undeterred’ by German court ruling over bond buying
The European Central Bank pushed back on Thursday at a German court's attempt to curb its power to buy government bonds, saying it was "more determined than ever" to pull the eurozone out of its worst economic crisis in nearly a century.