Christine Lagarde

The global economy is already sailing in the uncharted waters of the asymmetrical threat of the coronavirus.

In the last systemic threat, in 2012, then ECB chief Mario Draghi famously said that "whatever it takes" would be done.

That assurance alone was sufficient to quell the fears of investors and raised the bar for the handling of analogous future crises.

European Central Bank (ECB) President Christine Lagarde told European Union (EU) leaders that ECB policy makers would look at all policy tools at their meeting this week, particularly ones to provide "super-cheap" funding, Bloomberg News reported.

Straight on the heels of a Greek 10-year bond issue with a record low one percent yield (compared to 45 percent one decade ago), Bloomberg is singing the praises of the prospects of the Greek economy and government and touts the once unthinkable possibility of Greek bonds returning to investment grade (even though they are still at the junk level).

The Greek economy continues to improve and chances are rising that the European Central Bank will eventually buy its debt under its asset purchase scheme, ECB President Christine Lagarde said on Thursday.

Prime Minister Boyko Borissov is leaving for Switzerland to participate in the 50th World Economic Forum Annual Meeting in Davos, said the government press office. This year meeting's theme would be Stakeholders for a Cohesive and Sustainable World.

Apart from the election of a new president and changes to the electoral law, the reduction of the primary surplus targets that Greece must achieve is expected to top the government's agenda in 2020.

In their first one-on-one meeting on Wednesday, Greek Prime Minister Kyriakos Mitsotakis and European Central Bank President Christine Lagarde discussed Greece's economy, with the ECB chief hailing the progress of reforms.

Greece's plan to cut bad loans at Greek lenders by up to 30 billion euros and the country's fiscal targets were discussed in a meeting between Prime Minister Kyriakos Mitsotakis and the new president of the European Central Bank (ECB) Christine Lagarde in Frankfurt on Tuesday.

European Central Bank's new head Christine Lagarde posted a solemn photo of her new team at the European Central Bank (ECB), but she probably did not expect what kind of reaction she would provoke, the newspaper Figaro writes in an online publication.

The photo shows Lagarde in front of a large round table surrounded by her new team, made up entirely of men.

Christine Lagarde on Nov. 1 assumed her duties as the first-ever female president of the European Central Bank (ECB).