The European Central Bank has announced a €750 billion Pandemic Emergency Purchase Programme.
It will involve buying up government and corporate debt to keep the European economy functioning.
Ian Guider, markets editor of The Business Post, brought us this story and more in our daily business news round-up, including:
- Central Bank confirm there is no impediment to banks introducing payment breaks
- AIB postpones €1.3 billion problem mortgages sale amid COVID-19 crisis
- Big residential landlords prepared to defer rent
- Some insurers won't honour pubs' business interruption cover
- Kingspan cuts staff pay for two months
Listen to the interview in full by pressing the play button on this page.
