The Governing Council of the European Central Bank (ECB) decided on Thursday 4 June to extend until “least the end of June 2021” and to increase to “€1,350 billion” the repurchases of mainly public securities as part of the PEPP operation launched in mid-March to combat the economic crisis caused by the Covid-19 pandemic (see EUROPE B12450A6).
In any case, we will continue our acquisitions through this transaction until “the coronavirus crisis phase is over”, said ECB...