The European central bank (ECB) again makes clear that it still has cover samsung galaxy CUSTODIA A SACCHETTO IN TESSUTO ECO NABUK per APPLE IPHONE 5 5c s3 immagini cover samsung galaxy grand neo plus neo pinguino artillery to deal with the crisis that is hitting Europe as a result of the coronavirus. Another thing is how and when you will use it. The entity held its monthly meeting this Thursday and at the end has announced several developments in its action plan to continue injecting liquidity into the regional cover samsung note due banking system and making money available to cover samsung galaxy grand prime in silicone 3d companies and cover samsung galaxy a5 2017 marmo families. Broadly speaking, the entity maintains interest rates unchanged, launches new liquidity auctions for banks and qualifies the time horizon of its asset purchase program against the Covid cover samsung a5 sm-a500fu 19 pandemic (PEPP, which was limited to 2020 and will now be linked to the duration of the crisis. Precisely the duration and the AICEK Cover Compatible iPhone amazon cover samsung ace 4 11 PRO Cover iPhone 11 PRO Silicone severity of the crisis is the main concern cover samsung galaxy s6s6 edge of the organism. According to its current forecasts, the Covid 19 cover samsung s4 mini musica will cause a drop of between 5% and 12% in the Eurozone economy this year. Recovery will come later, although Givi S957B Custodia Porta Smartphone Impermeabile da Moto e Bici is very difficult to make predictions, as he has repeatedly reiterated. Christine Lagarde, president of cover samsung galaxy j1 silicone the entity, at the press conference after the meeting. Everything will depend, as indicated, on the duration of the pandemic and the success of the measures countries are taking cover samsung s9 swarovski to deal with it. As regards the ECB, its strategy is to guarantee liquidity, promote the flow of credit to the economy and cover COVER per Iphone 11 / Pro Max CUSTODIA ULTRA SOTTILE SEMI samsung j7 2016 prime protect the financial stability of the system. And in TUCANO Sottile cover iPhone 6 Plus / 6S Plus oroEuronics this strategy, banks occupy a central place, since they are the safe conduct to send money to companies and families in countries Hence, S0160 Harry Potter Daily Prophet Case Cover Custodia per Motorola the main novelties of the meeting directly affect the banking sector. In the words of Paul Diggle, chief economist at Aberdeen Standard Investments, ECB has expanded the size of its cheap lending program to the banking sector, and has lowered the interest rate at which banks can borrow to1%. If you think about it, this This last fact is really remarkable: Eurozone banks are receiving 1% for taking money from the ECB and lending it to companies and households. In reality, this negative rate is a direct subsidy to banks instead of a measure that generates adverse consequences for the sector, as many fearIn this context, the ECB has announced a new round of long term refinancing operations against the pandemic, called PELTRO. In total, seven operations will be carried out that will begin in May this year and will expire between June and 8 fantastiche immagini su iPhone 8Cover iphone Iphone 8 e Iphone September 2021. Interest will be 25 basis cover samsung j5 2016 con acqua points lower than the main interest rate of refinancing operations, currently located at 0%. This means that banks will charge 0.25% to the ECB cover samsung s9 arte for the funds they borrow in these Cover iPhone moto donnolatostadora.it liquidity operations. This auction round joins the weekly LTRO that the ECB announced in March and that will end in June, with an interest rate Custodia iPhone xr KKtick iPhone xr Cover Silicone TPU Ultra of0.5%. Now, the interest rate for the auctions that will take place between June 2020 and June 2021 will be 50 basis cover samsung a5 2016 totale points Momo Design Cover Iphone 5 – buy cheap ▷ FC-Moto lower than the average rate applied in the ECB refinancing operations. This means that banks will earn 0.50% interest on the money they borrow from the ECB under these operations, since the reference interest rate is 0%. For those entities whose eligible loans exceed a reference value, the rate applied to the Custodia Per iPhone XS In Silicone Cover iPhone XS Economici TLTRO III will be lower. Specifically, up to 50 basis points cover samsung a8 marmo may be placed below the average rate of the deposit facility rate in force during each TLTRO round. Effectively, this means that banks will charge up to 1% to borrow from the ECB, since the deposit facility is located at0.5%. The initiatives launched since March have served to send a message of support and relief to the markets, in the face of divergences within the European Commission to carry out tiger cover samsung concrete Cover iPhone 6 (4.7") Ultra Sottile 0.3mm ZeroFlex – Grigio and coordinated measures among the affected countries. In the first weeks of the crisis, the ECB launched a Pandemic Emergency Procurement Program (PEPP) valued Cover iPhone XS Max ti amo come la trota di tucho Le migliori at $ 750 billion, expanded its purchasing program to an additional $ 120 billion, improved conditions of the liquidity injections it will carry out in June and established a weekly open bar of money. To all these measures are added the changes announced this Thursday, although their cover samsung galaxy s7 jordan scope has not miglior cover samsung s5 been sufficient to alleviate the poor macroeconomic data. As published this Thursday, the GDP of Spain it has contracted 5.2% in the first quarter of the year compared to the previous quarter, the biggest Custodia Iphone 6/6s Silicone Telefono Sottile Cover Iphone 6/6s drop in the INE Compra GIVI S956B custodia universale GPS iPhone 6 o cellulari historical series, and the same has happened in cover samsung a6 supreme France, where its economy fell by 5.8% between January and March, the largest decline since the historical series was created in 1949. At European level, gross domestic product of the euro area fell 3.8% in the cover samsung galaxy tab 4 con tastiera first quarter compared to the previous three months flip cover samsung s10 plus and within the European Union, the contraction reached a record 3.5%….