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ECB governing council is  said to hold an emergency call on virus response

ECB governing council is said to hold an emergency call on virus response.

Meanwhile, the French Finance Minister Le Maire had said that they want he ECB to intervene ‘quickly & massively’.

Key notes

  • France to let banks tap capital buffers, frees up EU8 bln.
  • To take bank counter-cyclical buffer to 0%.

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