ECB cuts even more slack to virus-stricken euro zone banks
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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 banks on its watch.Only a week after letting banks eat into their capital buffers, the ECB encouraged..