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Europe Daily Bulletin No. 12499

5 June 2020
EU RESPONSE TO COVID-19 / Ecb
Frankfurt institute increases scope and duration of PEPP operation launched to counter Covid-19 pandemic
Brussels, 04/06/2020 (Agence Europe)

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...

Contents

EU RESPONSE TO COVID-19
EXTERNAL ACTION
SECTORAL POLICIES
SOCIAL AFFAIRS
INSTITUTIONAL
COUNCIL OF EUROPE
COURT OF JUSTICE OF THE EU
NEWS BRIEFS