Lagarde Fires Bazooka #2: ECB Announces €750BN Pandemic Purchase Program | Zero Hedge

KW: Not content to not being noticed Lazard is off to the same meri go round as the deluded American finacial whizz kids and printing billion to buy bad stocks and bonds from troubled institutions. More failures ahead.

 

“This new Pandemic Emergency Purchase Programme (PEPP) will have an overall envelope of €750 billion. Purchases will be conducted until the end of 2020 and will include all the asset categories eligible under the existing asset purchase programme.”

Source: Lagarde Fires Bazooka #2: ECB Announces €750BN Pandemic Purchase Program | Zero Hedge

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