On Thursday 30 April, the European Central Bank (ECB) did not change the terms of its PEPP operation for the massive repurchase of private and public securities intended to help economic entities in the euro area face the unprecedented socio-economic crisis caused by the Covid-19 pandemic.
However, “we are fully prepared to increase the size of the PEPPand to adjust its composition, by as much as necessary and for as long as necessary”, said the President of the European institution,...