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European economy

World news about “European economy” published by euronews.

21/04 16:31 CET

ECB pledges low borrowing costs ‘as long as needed’ but no helicopter money

ECB pledges low borrowing costs ‘as long as needed’ but no helicopter money

The head of the European Central Bank Mario Draghi has vowed to use all the tools at his disposal for “as long as needed” to kickstart the eurozone economy, but dismissed talk of so-called “helicopter money” – that is handing cash directly to the…