Ultra-cheap loans key for next stimulus package: ECB’s Muller ...Qatar

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Ultra-cheap loans key for next stimulus package: ECB’s Muller
source : Gulf Times ( Qatar ) () 5
The European Central Bank should put ultra-cheap loans at the core of its next stimulus package being prepared for December, Governing Council member Madis Muller said. Speaking in an interview from Tallinn, the Estonian central bank chief emphasised the need for a renewed so-called TLTRO push rather than additional bond buying via the Pandemic Emergency Purchase Programme, saying the situation isn’t like it was in March when the ECB was fighting market dislocation. “Perhaps PEPP by itself is not the best tool to provide further support, and we should at least think about a combination of different measures,” Muller said. “It’s best if we can find measures that more directly address the fin

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