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Tags: European Central Bank

ECB's Lagarde: 'Ready to Take Targeted Action' on Economy

Monday, 02 March 2020 05:38 PM

FRANKFURT, Germany (AP) — The head of the European Central Bank says Europe's top monetary authority is ready to take “appropriate and targeted measures” if necessary to support the economy against the headwinds from the coronavirus.

Christine Lagarde said in a statement Monday that the virus “is a fast developing situation which creates risks for the economic outlook.” She said the bank would closely monitor developments and act “as necessary and commensurate with the underlying risks.”

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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The head of the European Central Bank says Europe's top monetary authority is ready to take "appropriate and targeted measures" if necessary to support the economy against the headwinds from the coronavirus. Christine Lagarde said in a statement Monday that the virus "is a...
European Central Bank
75
2020-38-02
Monday, 02 March 2020 05:38 PM
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