Orsolya Harkai
Orsolya Harkai
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The ECB is launching a major review of its Pandemic Emergency Purchase Programme - Economo

The ECB is launching a major review of its Pandemic Emergency Purchase Programme - Economo

The European Central Bank has launched a major overhaul of its main crisis instrument to address the economic consequences of the coronavirus pandemic.The assessment should determine the effect of the large-scale bond-buying scheme that the ECB launched in March in response to the crisis and expanded to 1.35 trillion EUR in June, two members of the institution’s board of directors told the Financial Times on condition of anonymity.According to them, an important question for the review will be how long the so-called Pandemic Emergency Purchase Programme (PEPP) should continue and whether...

economo.co.uk
Orsolya Harkai
5d ago
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WTO: US violates trade rules by imposing tariffs on China - Economo

WTO: US violates trade rules by imposing tariffs on China - Economo

The World Trade Organization (WTO) has invalidated the main justification for US President Donald Trump’s trade war against China, declaring that US tariffs on Chinese goods violate international rules.A panel of three WTO trade experts said that the United States violated global regulations when it imposed tariffs on Chinese goods in 2018. Washington imposed tariffs on Chinese exports worth 400 billion USD.The panel said in its report, “that the United States has not taken its weight in proving that the measures are conditionally justified”.Although the decision supports Beijing’s claims,...

economo.co.uk
Orsolya Harkai
Sep 16
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