Reuters exclusively reported that the European Central Bank is preparing possible measures to provide liquidity to businesses hit by the economic fallout of the coronavirus outbreak. With the virus spreading around the world, central banks are coming under pressure to support growth, which is already suffering as a result of travel restrictions, weakening demand, supply chain disruptions and a sharp market sell-off.
Reuters exclusively reports ECB working on lending scheme for coronavirus-hit companies
03 March 2020, 12:00 am. 1 minute
Type: Reuters Best
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop