Reuters exclusively reported that European Central Bank chief Christine Lagarde asked euro zone finance ministers during a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of “coronabonds” to help fight the coronavirus pandemic. But according to a Reuters source, the idea?ran into opposition from Germany, the Netherlands and other northern European countries that have long been against any joint debt issuance.
Reuters exclusively reports ECB’s Lagarde asked euro zone ministers to consider one-off ‘coronabonds’ issue
25 March 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: FX & Fixed Income
Regions: Europe / Middle East / Africa
Win Types: Exclusivity
Story Types: Exclusive / Scoop