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European Central Bank announces another 500 billion euros in stimulus

The bank could add a half-trillion euros to its existing bond purchases

Stepped-up restrictions in Europe will hit global GDP

Euro with medical masks

Despite government stimulus, European stocks have been slow to recover

  • By: Jade Hemeon
  • November 2, 2020 November 27, 2020
  • 00:05

The jobless rate rose for a fifth straight month in August

Economists say the stimulus figure is weighty enough to impress international investors

Member nations are struggling to protect healthcare systems, businesses and jobs amid pandemic

The fund is listed on the Deutsche Boerse XETRA exchange in Germany

global markets

ECB head Christine Lagarde said recent economic indicators point to some stabilization

ECB cuts rates and pledges to restart bond-buying program