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Europe Daily Bulletin No. 12592

30 October 2020
EU RESPONSE TO COVID-19 / Ecb
Monetary institute stands ready to recalibrate all its monetary instruments
Brussels, 29/10/2020 (Agence Europe)

To support the euro area economy in the face of the second wave of the Covid-19 pandemic, the European Central Bank (ECB) will recalibrate its already very accommodative monetary policy by December at the latest.

We have done it in the past, we’ll do it again for the second wave”, said ECB President Christine Lagarde on Thursday 29 October, after the Governing Council meeting.

Noting a sharp increase in downside risksfor the euro area economy, the ECB will analyse the economic...

Contents

EUROPEAN COUNCIL
EU RESPONSE TO COVID-19
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECURITY - DEFENCE
SECTORAL POLICIES
SOCIAL AFFAIRS
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS