Economics
ECB Poised to Extend Bank Capital Relief by Nine Months
- Decision needs to be signed off by ECB Governing Council
- Move in contrast to U.S., Swiss decisions to let aid lapse
The European Central Bank headquarters in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
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The European Central Bank is set to extend a key plank of its pandemic relief measures by nine months to ensure lenders keep supplying credit to the economy, according to people familiar with the matter.