ECB’s Lagarde bags hard-won deal, but the battle just begun
Dec 13, 2020
3 minutes
FRANCESCO CANEPA, BALAZS KORANYI and
FRANK SIEBELT
Supplied
EUROPEAN Central Bank President Christine Lagarde brokered a difficult compromise this week to secure backing for a new pandemic-fighting package of measures, but her battle to convince sceptics among her colleagues and investors has only just begun.
The ECB unveiled plans to buy an additional half trillion euros worth of bonds and give banks even larger subsidies for keeping credit flowing, in a
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