AP: European Central Bank doubles COVID-19 support program

ECB announced the extension of the emergency program for the coronavirus to 1.35 trillion Euros from 750 billion Euros, proceeding to a new, strong “injection” of liquidity into the Eurozone economy of 600 billion euros, protothema.gr reports. Furthermore, the ECB announced the extension of the PEPP (Pandemic Emergency Bonds Purchase Program) until June 30, 2021, from the end of December 2020 deadline that was in place until now. The vast majority of economists asked by Bloomberg last week expected the PEPP to increase by 500 billion euros. Today’s decision is above their expectations by 100 billion. RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report Photo Source: pixabay.com Let's block ads! (Why?)