{"id":2506,"date":"2020-03-13T09:22:36","date_gmt":"2020-03-13T08:22:36","guid":{"rendered":"https:\/\/new-momentum.com\/?p=2506"},"modified":"2021-11-03T13:56:18","modified_gmt":"2021-11-03T12:56:18","slug":"ecb-measures-amid-covid-19","status":"publish","type":"post","link":"https:\/\/new-momentum.com\/en\/ecb-measures-amid-covid-19\/","title":{"rendered":"ECB Measures amid Covid-19"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”off|desktop” admin_label=”Feature Section” _builder_version=”4.9.10″ background_enable_color=”off” use_background_color_gradient=”on” background_color_gradient_start=”rgba(0,0,0,0.63)” background_color_gradient_end=”rgba(0,0,0,0.26)” background_color_gradient_overlays_image=”on” background_image=”https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg” background_position=”top_left” custom_padding=”6.6%||5%||false|false” custom_padding_tablet=”0px||0px|”][et_pb_row _builder_version=”4.9.4″ width=”100%” max_width=”1400px” module_alignment=”center” custom_margin=”-7px|auto||auto||” custom_padding=”14px||77px||false|false” use_custom_width=”on” width_unit=”off” custom_width_percent=”88%” locked=”off”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|40px||40px” custom_padding__hover=”|||”][et_pb_text admin_label=”Title” _builder_version=”4.9.10″ text_font=”||||||||” header_font=”Arial|600|||||||” header_text_color=”#bfa145″ header_font_size=”50px” header_line_height=”1.6em” header_2_font=”Arial|600|||||||” header_2_text_align=”center” header_2_text_color=”#bfa145″ header_2_font_size=”55px” header_2_line_height=”1.6em” header_3_font=”Arial|600|||||||” header_3_text_color=”#bfa145″ header_3_font_size=”55px” header_3_line_height=”1.6em” header_4_font=”Arial|600|||||||” header_4_text_color=”#bfa145″ header_4_font_size=”55px” header_4_line_height=”1.6em” header_5_font=”Arial|600|||||||” header_5_text_color=”#bfa145″ header_5_font_size=”55px” header_5_line_height=”1.6em” header_6_font=”Arial|600|||||||” header_6_text_color=”#bfa145″ header_6_font_size=”55px” header_6_line_height=”1.6em” min_height=”32.5px” custom_margin=”||||false|false” custom_padding=”||50px||false|false” animation_style=”fade” animation_direction=”left” header_font_size_tablet=”” header_font_size_phone=”40px” header_font_size_last_edited=”on|phone” header_2_font_size_tablet=”” header_2_font_size_phone=”40px” header_2_font_size_last_edited=”on|phone” header_3_font_size_tablet=”” header_3_font_size_phone=”40px” header_3_font_size_last_edited=”on|phone” header_4_font_size_tablet=”” header_4_font_size_phone=”40px” header_4_font_size_last_edited=”on|phone” header_5_font_size_tablet=”” header_5_font_size_phone=”40px” header_5_font_size_last_edited=”on|phone” header_6_font_size_tablet=”” header_6_font_size_phone=”40px” header_6_font_size_last_edited=”on|phone” header_text_shadow_style=”preset1″ header_2_text_shadow_style=”preset1″ header_3_text_shadow_style=”preset1″ header_4_text_shadow_style=”preset1″ header_5_text_shadow_style=”preset1″ header_6_text_shadow_style=”preset1″]<\/p>\n

ECB MEASURES AMID COVID-19<\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”Blog Section” _builder_version=”4.9.10″ background_enable_color=”off” custom_padding=”0px|0px|0px|||” locked=”off”][et_pb_row admin_label=”CTA Button” _builder_version=”3.25″ custom_padding=”||0px|||”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.9.10″ _module_preset=”default” text_font_size=”16px” text_line_height=”1.8em” ol_font=”||||||||” ol_font_size=”15px” ol_line_height=”2.7em”]<\/p>\n

This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction. The Council conducted the following package made of \u201cambitious and coordinated fiscal policy response\u201d:<\/p>\n

    \n
  1. \u00a0In order to immediately provide liquidity support until June 2020, the Long-Term Refinancing Operation (LTROs) \u2013 injecting low interest rate funding to banks with sovereign debt as collateral on the loans \u2013 will be delivered as being an effective backstop in case of need, carried out as a fixed rate tender procedure via an auction mechanism and an interest rate amounting to the average rate on deposit facility (-0,50%).<\/li>\n
  2. Afterwards, from June 2020 to June 2021, the Targeted Long-Term Refinancing Operations (TLTROs) will be applied to push banks to lend to small, medium-sized enterprises and households. With an interest rate on these TLTRO III being at 25 basis points below the average rate applied: The Main Refinancing Operation rate (MRO), rate at which banks can borrow money from the ECB.<\/li>\n
  3. \u00a0The European Central Bank decided not to change its interest rate on the main refinancing operations (0,00%), the interest rates on the margin lending facility (0,25%) and its deposit facility (-0,50%).<\/li>\n
  4. \u00a0It also decided to raise the bank\u2019s asset purchases by a temporary envelope of an additional \u20ac 120 billion until the end of the year in order to concentrate on bonds issued by companies and to further lower borrowing costs for the private sector.<\/li>\n
  5. \u00a0Lastly, The ECB will fully reinvest the principal payments from maturing securities purchased under the Asset Purchase Programme (APP).<\/li>\n<\/ol>\n

    Source: ECB.<\/p>\n

    [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

    This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction. The Council conducted the following package made of \u201cambitious and coordinated fiscal policy response\u201d:<\/p>\n","protected":false},"author":10,"featured_media":2509,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[73],"tags":[25,23,21,22,24],"class_list":["post-2506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","tag-clientes","tag-corporate","tag-covid19","tag-financing","tag-new-momentum"],"yoast_head":"\nECB Measures amid Covid-19 - New Momentum<\/title>\n<meta name=\"description\" content=\"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECB Measures amid Covid-19 - New Momentum\" \/>\n<meta property=\"og:description\" content=\"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/\" \/>\n<meta property=\"og:site_name\" content=\"New Momentum\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-13T08:22:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-03T12:56:18+00:00\" \/>\n<meta name=\"author\" content=\"New Momentum\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"New Momentum\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/\"},\"author\":{\"name\":\"New Momentum\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/#\\\/schema\\\/person\\\/2460d78bbb09884686d9802cbd1c0732\"},\"headline\":\"ECB Measures amid Covid-19\",\"datePublished\":\"2020-03-13T08:22:36+00:00\",\"dateModified\":\"2021-11-03T12:56:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/\"},\"wordCount\":719,\"image\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/new-momentum.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg\",\"keywords\":[\"clientes\",\"corporate\",\"covid19\",\"financing\",\"new momentum\"],\"articleSection\":[\"Noticias\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/\",\"url\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/\",\"name\":\"ECB Measures amid Covid-19 - New Momentum\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/new-momentum.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg\",\"datePublished\":\"2020-03-13T08:22:36+00:00\",\"dateModified\":\"2021-11-03T12:56:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/#\\\/schema\\\/person\\\/2460d78bbb09884686d9802cbd1c0732\"},\"description\":\"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#primaryimage\",\"url\":\"https:\\\/\\\/new-momentum.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg\",\"contentUrl\":\"https:\\\/\\\/new-momentum.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg\",\"width\":1200,\"height\":678,\"caption\":\"Microscopic close-up of the covid-19 disease. Blue Coronavirus illness spreading in body cell. 2019-nCoV analysis on microscope level 3D rendering\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/ecb-measures-amid-covid-19\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/new-momentum.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ECB Measures amid Covid-19\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/#website\",\"url\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/\",\"name\":\"New Momentum\",\"description\":\"Nuestra empresa le ofrecer\u00e1 una respuesta integral a las diversas problem\u00e1ticas financieras\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/new-momentum.com\\\/fr\\\/#\\\/schema\\\/person\\\/2460d78bbb09884686d9802cbd1c0732\",\"name\":\"New Momentum\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g\",\"caption\":\"New Momentum\"},\"url\":\"https:\\\/\\\/new-momentum.com\\\/en\\\/author\\\/newmometum29da\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ECB Measures amid Covid-19 - New Momentum","description":"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/","og_locale":"en_US","og_type":"article","og_title":"ECB Measures amid Covid-19 - New Momentum","og_description":"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.","og_url":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/","og_site_name":"New Momentum","article_published_time":"2020-03-13T08:22:36+00:00","article_modified_time":"2021-11-03T12:56:18+00:00","author":"New Momentum","twitter_card":"summary_large_image","twitter_image":"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg","twitter_misc":{"Written by":"New Momentum","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#article","isPartOf":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/"},"author":{"name":"New Momentum","@id":"https:\/\/new-momentum.com\/fr\/#\/schema\/person\/2460d78bbb09884686d9802cbd1c0732"},"headline":"ECB Measures amid Covid-19","datePublished":"2020-03-13T08:22:36+00:00","dateModified":"2021-11-03T12:56:18+00:00","mainEntityOfPage":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/"},"wordCount":719,"image":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#primaryimage"},"thumbnailUrl":"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg","keywords":["clientes","corporate","covid19","financing","new momentum"],"articleSection":["Noticias"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/","url":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/","name":"ECB Measures amid Covid-19 - New Momentum","isPartOf":{"@id":"https:\/\/new-momentum.com\/fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#primaryimage"},"image":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#primaryimage"},"thumbnailUrl":"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg","datePublished":"2020-03-13T08:22:36+00:00","dateModified":"2021-11-03T12:56:18+00:00","author":{"@id":"https:\/\/new-momentum.com\/fr\/#\/schema\/person\/2460d78bbb09884686d9802cbd1c0732"},"description":"This week, the Government Council released its decision on the monetary policy to support households, firms and banks during the current economy disfunction.","breadcrumb":{"@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#primaryimage","url":"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg","contentUrl":"https:\/\/new-momentum.com\/wp-content\/uploads\/2021\/08\/microscopic-close-up-of-the-covid-19-disease-coronavirus-illness-spreading-in-body-cell.jpg","width":1200,"height":678,"caption":"Microscopic close-up of the covid-19 disease. Blue Coronavirus illness spreading in body cell. 2019-nCoV analysis on microscope level 3D rendering"},{"@type":"BreadcrumbList","@id":"https:\/\/new-momentum.com\/ecb-measures-amid-covid-19\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/new-momentum.com\/en\/"},{"@type":"ListItem","position":2,"name":"ECB Measures amid Covid-19"}]},{"@type":"WebSite","@id":"https:\/\/new-momentum.com\/fr\/#website","url":"https:\/\/new-momentum.com\/fr\/","name":"New Momentum","description":"Nuestra empresa le ofrecer\u00e1 una respuesta integral a las diversas problem\u00e1ticas financieras","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/new-momentum.com\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/new-momentum.com\/fr\/#\/schema\/person\/2460d78bbb09884686d9802cbd1c0732","name":"New Momentum","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/10d94ccb0bbdfdc57445561a34b94a5288e16d56329333c9dfc0feeebd59c758?s=96&d=mm&r=g","caption":"New Momentum"},"url":"https:\/\/new-momentum.com\/en\/author\/newmometum29da\/"}]}},"_links":{"self":[{"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/posts\/2506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/comments?post=2506"}],"version-history":[{"count":13,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/posts\/2506\/revisions"}],"predecessor-version":[{"id":3542,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/posts\/2506\/revisions\/3542"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/media\/2509"}],"wp:attachment":[{"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/media?parent=2506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/categories?post=2506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new-momentum.com\/en\/wp-json\/wp\/v2\/tags?post=2506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}