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ECB cuts even more slack to virus-stricken euro zone banks

FILE PHOTO: Specialists work on a crane in front of the European Central Bank (ECB) in
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FRANKFURT (Reuters) - European Central Bank supervisors decided on Friday to provide fresh relief to euro zone banks struggling with the coronavirus outbreak, including by offering wiggle room in accounting rules.With parts of the single currency zone's economy in standstill and financial markets in turmoil, the ECB has been aggressively easing its own lending conditions and demands it places on..
Date Published: Mar 20, 2020
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