With its PEPP operation to massively repurchase mainly public securities triggered at the start of the Covid-19 pandemic, the European Central Bank (ECB) is preserving financial stability and maintaining inexpensive financing conditions, its President, Christine Lagarde, reaffirmed on Thursday 19 November.
“ECB has delivered. We’re in the second wave and we’ll continue to deliver”, stressed Mrs Lagarde during a debate in the European Parliament’s Committee on Economic and...