Economics
ECB Will Consider Using Bank Loans to Combat Virus Impact
- Issue will be discussed at next week’s monetary policy meeting
- Austria’s Holzmann says there is no urgency for policy action
The European Central Bank headquarters in Frankfurt.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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The European Central Bank will consider how its long-term loan program for banks can help support the economy through the coronavirus outbreak, though it may not rush into action at next week’s policy meeting.