German council of economic advisors: EU should not make its debt-financed recovery funds permanent unless member states transfer fiscal sovereignty to Brussels

Market news

11 November 2020

German council of economic advisors: EU should not make its debt-financed recovery funds permanent unless member states transfer fiscal sovereignty to Brussels

Economy to stagnate over winter months due to second wave of infections, renewed lockdown measures
ECB should end its Pandemic Emergency Purchase Program (PEPP) as soon as the economic recovery is taking hold

ECB's president Lagarde: PEPP, TLTROs likely to remain the main tools for adjusting our monetary policy

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