- From the ECB 750 billion against coronavirus
- The ECB bazooka cuts the spread
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March 19, 2020 "The decision of the ECB last night to make € 750 billion available adds to the address of the EP, to the measures of the Commission, to those of the States, to the initiatives that may still exist, such as that of mobilizing another 500 billion from the Fund saves States, the Mes ".So the President of the EU Parliament David Sassoli. "We are talking about an intervention that, globally, is close to 2000 billion euros. The greatest demonstration of the power of European solidarity never seen before".
Sassoli specifies that "this money will help us limit the effects of Covid-19 and will support research in identifying an effective vaccine and will be useful resources to protect our economy and our social protection model, helping jobs, businesses , families not to be left alone to face this difficult season ". It is "money useful to our health facilities, to doctors and staff who with great passion and generosity are committed to saving the lives of many. The Union cannot allow someone to remain alone, that someone of you will be left alone".
"Europe is moving. In the face of the dramatic crisis we are experiencing, in the face of the duty to defend life, work, everyone's stability, the European Union is reacting", Sassoli specified in the video message.
"Of course, we had to fight against some national selfishness, but now the premises with which we can face this emergency are clear," he adds.