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The European Central Bank provides credit to banks at a lower rate and saves its ammunition for the battle of the virus

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  2. The European Central Bank provides credit to banks at a lower rate and saves its ammunition for the battle of the virus

30 Apr 2020

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The European Central Bank provides credit to banks at a lower rate and saves its ammunition for the battle of the virus

FRANKFURT (Reuters) – The European Central Bank said on Thursday it would pay more to banks to borrow from, but preferred not to exhaust other policy instruments at its disposal as it prepared for a prolonged battle with the fallout from the Corona virus.

European Central Bank

After unveiling a series of stimulus measures over the past six weeks, including plans to buy 1.1 trillion euros of bonds this year, the European Central Bank said it would pay 0.50 percent to banks if it borrowed in its bids each year and 1 percent if banks re-pumped that cash into Economy.
Analysts expect the central bank to increase its target for annual bond purchases this year and to add high-risk bonds to it in the coming months as part of its efforts to support the euro zone in the face of an expected wave of credit ratings cuts.

FRANKFURT (Reuters) – The European Central Bank said on Thursday it would pay more to banks to borrow from, but preferred not to exhaust other policy instruments at its disposal as it prepared for a prolonged battle with the fallout from the Coronavirus.
After unveiling a series of stimulus measures over the past six weeks, including plans to buy 1.1 trillion euros of bonds this year, the European Central Bank said it would pay 0.50 percent to banks if it borrowed in its bids each year and 1 percent if banks re-pumped that cash into Economy.
Analysts expect the central bank to increase its target for annual bond purchases this year and to add high-risk bonds to it in the coming months as part of its efforts to support the eurozone in the face of an expected wave of credit rating cuts.

Product development and project follow-up on feasibility

Product development and project follow-up in terms of feasibility, of course, the feasibility study is not limited to developing a project implementation plan only, but is also used during work on that project, as the most important steps necessary when practicing the project is continuous development, knowledge of strengths, strengthening them, and also knowing and avoiding weaknesses, All of this is done by conducting a development feasibility study and updating the plan based on the results reached, so the feasibility process during the project is very important.

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