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Market News
12.05.2020, 09:56

ECB Governing Council member Kazimir: European Court of Justice has sole authority over ECB actions

  • EU governments are not matching the ECB's efforts

  • EU fiscal response to the crisis is inadequate

  • Not opposed to increasing PEPP size, but decision should be based on data

  • No urgency to increase purchases, must examine how easing of lockdown measures are impacting the economy

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