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

Market news

12 May 2020

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

EUR/USD: Some weakness for the US Dollar seen – Commerzbank

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