Reuters exclusively reports ECB working on lending scheme for coronavirus-hit companies | Reuters News Agency

Reuters exclusively reports ECB working on lending scheme for coronavirus-hit companies

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.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop
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