In response to the "serious", but hopefully "temporary" negative impact of the COVID-19 virus pandemic on the euro area economy, fiscal authorities must be at the forefront to act swiftly, ambitiously and collectively, ECB President Christine Lagarde said on Thursday 12 March in Frankfurt.
The Governing Council supports the work being done by euro area governments to equip their health systems to combat the pandemic and the accompanying measures being developed by the European institutions,...