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Help in coronavirus crisis should come from European level: ECB

FRANKFURT Help to euro zone members finding it hard under the weight of the coronavirus disaster ought to originate from the European height, European Central Bank board member atold Greek paper To Vima enduring an interview.

“This is not just a question of European solidarity, but also makes sense from an economic standpoint,” Schnabel was also abundance on Saturday as saying.

“The issuance of one-off ‘coronabonds’ is one possibility,” Schnabel said. “There are other equipment that could be utilized, an EU rescue stock or adjustments part of the European Stability Mechanism or European Investment Bank.”

To read the full text of the interview, please click on: https://www.ecb.europa.eu/press/inter/date/2020/html/ecb.in200404~5233e69a1f.en.html